Not a lot of forward guidance in this release. "Based on the evolving evidence, a gradual approach to removing policy restraint remained appropriate," the Bank of England statement said. "Monetary pol

The Bank of England lowered its key interest rate, the first major central bank to move since Donald Trump’s election as U.S. president scrambled the outlook for the global economy.

Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing households".

Bank of England governor Andrew Bailey was asked at the press conference about President-elect Donald Trump's comments on raising tariffs on imports into the U.S. "We have to watch very carefully the fragmentation of the world economy,

Bank of England overwhelmingly expected to slash rates by analysts - Inflation fell below the Bank of England’s 2% target in September for the first time in three years