Bank of England cuts interest rate

Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves - Huw Pill warned ‘we’re not in a situation where we can declare job done’ on inflation
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.
Bank of England gives hawkish warning as it cuts rates to 4.5%
In a blow to Chancellor of the Exchequer Rachel Reeves, the BOE warned that inflation will rise “quite sharply” to peak at 3.7% later this year, up from 2.8% in the last forecast.
Bank of England cuts rates, sees weaker growth and inflation spike
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
Interest rates live: Bank of England cuts interest rates to 4.5% but UK growth downgraded
Bank MPC votes to cut borrowing costs but also slashes short-term growth forecasts for economy in blow to Rachel Reeves
Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK chancellor Rachel Reeves, the BoE said it now expected t
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 interest rate cuts are a much-needed boost for the economy
The quarter percentage point cut surprised no one but it is still more significant than it sounds – and we can expect Rachel Reeves to make the very most of it in the weeks ahead
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PM holds 'crisis summit' after Bank of England warning over 'Stagflation' - and fears grow over further tax hikes
Keir Starmer is gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises. The special meeting with ...
Bank of England humiliates Rachel Reeves with brutal downgrade to UK’s growth forecast
While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a ...
'New era of stagflation' and 'putrid' figures for Reeves
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...