The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

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

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Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

The move comes as brokers speculate that February could mark the start of widespread rate reductions, with lenders positioning themselves ahead of a possible Bank of England base rate cut.

“The Bank of England has an important role to play in improving financial literacy in the U.K.,” said Andrew Bailey, governor ...

The Bank of England is expected to cut interest rates this Thursday in a bid to stimulate a sluggish UK economy, despite mounting fears over inflation creeping back up. Markets are bracing for a ...

The Bank of England is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following stronger-than-expected inflation figures for December and ongoing concerns about ...

"I think that is a reason for caution, for carefulness in the way we proceed with removing monetary policy restriction and cutting bank rate," Pill said.

The Bank of England is anticipated to slash interest rates next week, potentially triggering a series of reductions throughout 2025. The bank is poised to lower them from 4.75% to 4.5% ...

The Bank of England could cut interest rates more aggressively as Donald Trump’s tariff policies fuel fears of a global downturn. Rate-setters are all but certain to announce a cut from 4.75 per ...

The Bank of England's (BoE) cautious strategy in addressing the UK's economic slowdown could pave the way for a long period ...