Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The bank now predicts that the British economy will only grow by 0.75% this year, ...

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.

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

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

House prices rose just a day after the Bank of England cut interest rates for the first time this year in a boost for the ...

The Bank of England cut interest rates for the third time in six months, taking the base rate to 4.5% - here's what it means ...

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 FTSE 100 finished up 103.99 at 8727.28 - a new record closing high. It also hit a new intraday record of 8,767.50 earlier ...

The Bank of England has cut its main interest rats for the third time in six months as the British economy is struggling to ...

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.