Fresh growth figures have fuelled speculation of an August interest rate cut in a bid to give the waning UK economy a shot of life. The Office for National Statistics (ONS) revealed on Friday the UK ...

Bank of England dove Alan Taylor has urged his colleagues on the Monetary Policy Committee to vote for faster interest rate ...

The Bank of England is “almost certain” to cut interest rates next month after Britain’s economy shrank for a second month in ...

The Bank of England cut interest rates Thursday for the first time since the start of the pandemic, providing some relief to households squeezed by the highest borrowing costs in 16 years.

Economists are divided as to whether the Bank of England, which is independent of government, will cut its main interest rate by a quarter-point from the current 16-year high of 5.25%, or hold off ...

LONDON — The Bank of England warned Thursday about the “highly unpredictable” geopolitical environment as it kept its main interest rate unchanged at the two-year low of 4.25%.

The Bank of England raises its base rate by 0.5 percentage points to 3.5% - the highest in 14 years The Bank expects the economy to shrink by 0.1% in the final quarter of the year, compared with ...

The Bank of England has announced its biggest interest rate increase in three decades as it tries to beat back stubbornly high inflation fueled by Russia’s invasion of Ukraine and the disastrous ...

The Bank of England held its benchmark interest rate steady but officials said they expect to launch fresh stimulus on multiple fronts next month, as the economy stumbles under Britons’ decision ...

The Bank of England in London, Thursday, Aug. 1, 2024. Economists are divided as to whether the Bank of England, which is independent of government, will cut its main interest rate by a quarter ...

The Bank of England on Thursday cut interest rates by 25 basis points, lowering its key rate to 5.0% from a 16-year high of 5.25%. Policymakers voted 5-4 in favor of the reduction, in what had ...