BoE has cut rates from 4.75% to 4.5%. The decision, taken by the Bank’s Monetary Policy Committee (MPC), comes as the UK ...

Bank of England cuts UK interest rates in boost for mortgage holders - Experts had predicted the Bank of England would cut ...

The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

Most economists had already predicted the nine-member Monetary Policy Committee (MPC) would lower the bank's main interest ...

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday, even though ...

British companies' expectations for wage growth fell marginally in January and expectations for employment growth also ...

US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024, the CPI inflation was measured at 2.5% in the UK.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...