Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...

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 boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.

The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK ...

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...

The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...

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

Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes short-term growth forecasts for economy in blow to Rachel Reeves ...

The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its ...

The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting ...

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.