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.
Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...
Lloyds, NatWest and Barclays made £30 billion between them last year by exploiting the gap between the rates for savers and ...
For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...
British homebuilder Bellway said on Tuesday it was mindful of affordability concerns despite a seasonal pick-up in customer ...
Analysts at Morgan Stanley predict UK interest rates will fall to ... and will usually rise and fall when the base rate does - but they can go up or down by more or less than the Bank of ...
It is widely expected that there will be a 0.25 percentage point cut at the Bank of England's first Monetary Policy Committee ...
The interest rate cut is a step in the right direction, but small businesses are facing so many pressures that they will ...
The FTSE 100 ( ^FTSE) and European stocks were higher on Thursday as the Bank of England is likely to make its first interest rate cut in three months. Analysts predict the benchmark rate will be cut ...