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.
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Fury at Labour as BoE CUTS interest rates in scramble bid to boost GDP
The Monetary Policy Committee reduced the level from 4.75 per cent to 4.5 per cent - the lowest in more than 18 months .
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Bailey Says Don't 'Put Too Much Weight' on BOE Voting
Bank of England Governor Andrew Bailey cautioned markets against reading too much into the vote split of its interest-rate ...
Interest rates: Why have they been cut and what does it mean?
Why have they been cut and what does it mean? - The PA news agency looks at the outcome of the Bank of England’s decision, ...
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
Gloomy growth forecast adds to Rachel Reeves’ woes
A gloomy growth forecast from the Bank of England has piled the pressure on Rachel Reeves ahead of a verdict from the Budget ...
Interest rates live: Bank of England cuts interest rates to 4.5% but UK growth downgraded
Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes ...
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BoE's Cautious Rate Cut Amid Inflation Concerns and Economic Uncertainty
The Bank of England cut interest rates by a quarter-point, sparking surprise and disagreement among policymakers. While ...
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UK central bank cuts interest rates as economy slumps, Trump threat looms
The Bank of England cut interest rates by a quarter percentage point on Thursday as the UK economic outlook darkens, ...
Bank of England humiliates Rachel Reeves with brutal downgrade to UK's growth forecast
While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a major blow.