A bigger MPC divide has opened up about the cause of the weakness in Britain's economy. The central bank halved its growth ...

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 halved its growth forecast for this year as it cut interest rates to the lowest level for more than ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

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

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

Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of ...

"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey, Governor of the Bank of England ...

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

A cut to interest rates could mean lower mortgage rates.

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.