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

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

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 ...

UK mortgage lending growth set to double in 2025 as falling interest rates revive market - The UK’s gradual economic recovery ...

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

The rate of UK inflation is expected to rise when January’s figures are published this morning, partly driven by a bounce in ...

The Bank of England cut interest rates on 6 February ... They had previously forecast that interest rates would fall to 3 per cent by the end of next year, but have concluded that rates will ...

MORTGAGE lenders have swiftly reduced their rates following the Bank of England’s decision to lower the base rate to 4.5% this afternoon. This move is set to benefit thousands of borrowers, ...

Senior economists at the Bank of England will meet to decide whether to cut the UK’s base interest rate in ... again”, with the main rate of inflation forecast to rise towards 3% over the ...

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.

Another cut in interest rates, and the surprise here was that more consideration was given to a bumper half a percentage point cut in rates today, as the UK’s economic stagnation is forecast to ...