MILLIONS of homeowners are set for a major cash boost as the Bank of England prepares to slash interest rates before Easter. Nationwide has already announced it is cutting its mortgage rates with

UK unemployment rose to 5.2% and wage growth slowed to 4.2%, increasing pressure on the Bank of England to cut interest rates next month.

By William Schomberg and Suban Abdulla LONDON, Feb 17 (Reuters) - Britain's jobless rate rose to its highest in over a decade outside the pandemic period and wage growth slowed again, data showed on Tuesday,

Inflation is expected to fall back to its lowest level for nearly a year in Wednesday’s official figures for January, in a boost to interest rate cut hopes.

Gilts are rallying to start the year as the UK government shifts away from long-term borrowing and weaker inflation fuels bets on Bank of England interest rate cuts.

By Devayani Sathyan and Shaloo Shrivastava BENGALURU, Feb 16 - The Bank of England will cut interest rates in March, according to a majority of economists in a Reuters poll, and is expected to follow up with a second reduction later this year,

The Bank of England’s Monetary Policy Committee (MPC) met today to decide UK interest rates, and voted to hold rates at their current level

LONDON, Feb 6 (Reuters) - Investors polled ‌by ​the Bank of ‌England expect the central bank to ​steadily cut its main Bank Rate to a ‍low of 3.0% by ​its March 2027 meeting, down from ​3.75% after ⁠Thursday's interest rate decision, a survey showed on Friday.

Add Yahoo as a preferred source to see more of our stories on Google. [Getty Images] The Bank of England held interest rates at 3.75% at its first meeting of 2026, keeping them at the lowest level since February 2023. It follows a cut from 4% in December ...

The pound fell on Tuesday after data showed Britain's unemployment rate rose in December while wage growth slowed more than expected, potentially adding to the case for further Bank of England rate cuts.