Bank of England cuts rates, sees higher inflation and weaker growth
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Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
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.
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...
Rachel Reeves hit by gloomy UK growth forecast despite interest rate cut to 4.5%
The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...
Bank cuts interest rates and slashes growth forecast
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
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How much the state pension could rise by in 2026 after 3.7% inflation forecast
The state pension rises every April under the triple lock mechanism, and experts have started to estimate what it could climb ...
Bank of England cuts rates but slashes growth forecast in blow to Labour
The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting ...
UK economy ekes out 0.1% growth in the fourth quarter, beating expectations
The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, after recording zero growth in the previous three ...
Bank of England issues new inflation warning to households despite cutting rates to 4.5%
The central bank says inflation has come down enough to reduce rates again, but further cuts are up-in-the-air given ...
Dovish BoE officials cut rates in the face of hawkish forecasts
The BoE’s forecasts suggest it will only cut rates two more times over the next three years on the back of higher inflation and weaker underlying growth capacity. The 7-to-2 vote to cut rates with a ...