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Bank of England lowers Bank Rate by 0.25 percentage points
Bank of England Gives Hawkish Warning as it Cuts Rates to 4.5%
The Bank of England’s Monetary Policy Committee voted to cut interest rates to a 19-month low but struck a hawkish tone by signaling that only two more reductions are needed to bring inflation back to the 2% target.
Bank of England's chief economist opposes hasty interest rate cut
Bank of England Chief Economist Huw Pill has expressed disagreement with colleagues who are advocating for a substantial interest rate cut. Pill's argument is that the decision to alter the policy is being made too rapidly.
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.
21h
Bank of England Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...
1d
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
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