UK interest rates have fallen to 4.5% after the Bank of England voted to cut borrowing costs, as it also slashed short-term growth forecasts for the economy. The Bank’s Monetary Policy Committee ...

The Bank of England held interest rates at 4.75 per cent today, while downgrading economic forecasts for the UK towards stagnant growth. Only six members of the Bank’s Monetary Policy Committee ...

The UK jobs market has continued to weaken, making the prospect of an interest rate cut next month even more likely, analysts ...

The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than 18 months. The economy is now expected to grow by 0.75% in 2025, the ...

The Bank of England downgraded its forecasts for UK economic growth Thursday and kept interest rates unchanged, even as it warned that the Israel-Hamas war could push up energy prices and ...

British pay growth slowed in May and employee numbers dropped further last month, but the cooling in the labour market which ...

UK Prime Minister Rishi Sunak is expected to receive a boost this week as inflation slips back into single digits, raising hopes that the quickest series of interest-rate ... Rates With Inflation ...

UK Inflation Slows More Than Forecast, Fueling Rate-Cut Bets Consumer prices rise 3.9% last month, least since Sept. 2021 Pound falls as figures fuel hopes for pivot by Bank of England ...

LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement, the ...

The Bank of England left interest rates unchanged on Thursday, the first time in nearly two years that it opted to not raise rates during a long-running battle against stubbornly high inflation.

Deutsche Bank Research now expects the Bank of England will increase interest rates by 25 basis points twice more, once in May and once most likely in June, to take the terminal rate to 4.75%, up ...

The Bank of England is forecast to take interest rates to 4% from 3.5%, and the European Central Bank is expected to take its main rate to 2.5% from 2%, a day after an expected quarter-point rate ...