The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...
The Bank of England has announced an interest rate cut to 4.5%. CBS News foreign correspondent Ramy Inocencio has more on ...
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
The central bank cut rates for the third time in about six months as it said growth had been weaker than expected.
The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...
The Bank of England’s Monetary Policy Committee voted to cut interest rates to a 19-month low but struck a hawkish tone by ...
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking ...
Bank of England Governor Andrew Bailey and other senior officials are due to hold a press conference at 1230 GMT.
The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.
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.
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5 per cent, as it contends with a stagnant UK economy and an increasingly uncertain international ...