The Bank of England delivered Chancellor Rachel Reeves a mixed blessing on Thursday. Alongside cutting interest rates by 25 basis points, Bank officials halved the UK’s expected growth rate in 2025 to ...
In recent days, gold stored at the Bank of England (BOE) has been trading at levels below the London spot price, drawing ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats.
Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...