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

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...

Interest rates are widely expected to be cut by the Bank of England on Thursday, in a move closely watched by businesses and ...

The Bank of England has cut interest rates for the second time this year, in good news for mortgage-holders and other ...

The Bank of England cut interest rates but pointed to the uncertainty facing the global economy from fresh trade barriers and ...

Interest rates have been cut by the Bank of England for the second time this year. The base rate has been reduced from 5% to ...

The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...

The Bank of England's chief economist, Huw Pill, has warned that global economic "disturbances" could influence the ...

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell ...

MILLIONS of savers face lower returns as major banks prepare to slash their savings rates. The move follows the Bank of ...

Barclays expects the Bank of England to hold interest rates at its December meeting, revising its prior forecast of a cut, ...

LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said ...