Bank of England to cut interest rates only twice more, NIESR predicts
Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively ...
Global News5d
Bank of England slashes growth hopes for British economy in 2025
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 bank’s nine ...
RTE Online6d
Bank of England cuts rates, sees higher inflation and weaker growth
The Bank of England has today lowered interest rates by a quarter of a percentage point, judging a sharp upward revision to its inflation forecasts for this year will prove temporary. Two ...
The Financial Times6d
Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced
Bank of England reduces interest rate to 4.5% and halves 2025 growth forecast Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced on x ...
Yahoo Finance6d
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
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 ...
CNN5d
The world’s second-largest gold storage suddenly has very long lines to withdraw bars
All existing slots at the Bank of England to withdraw gold bars are booked up as market players race to ship the metal to the United States to take advantage of a surge in gold prices there ...
The Mirror6d
Bank of England issues new inflation warning to households despite cutting rates to 4.5%
The Bank of England has cut interest rates to 4.5% - but warned households to brace themselves for higher inflation. Andrew Bailey, the Bank’s Governor, said it would take a “gradual and ...
The Mirror6d
Interest rates LIVE: Bank of England decision due today for millions of households with a mortgage
The Bank of England is due to make its next interest rates announcement today - and another cut looks set to be confirmed. The base rate is currently set at 4.75% and markets are expecting it to ...
Euronews5d
Shock for UK as Bank of England halves its economic growth prediction
"Low and stable inflation is the foundation of a healthy economy and it's the Bank of England's job to ensure that," he added. A major surprise in Thursday's rate decision was that two of the nine ...
Euronews6d
Bank of England cuts key UK interest rate as fears grow over the economy
The Bank of England has cut interest rates for the third time in six months, lowering the base rate from 4.75% to 4.5%. Most economists had already predicted the nine-member Monetary Policy ...
This is Money6d
Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise
The Bank of England's Monetary Policy Committee has posted its latest 78-page report outlining its musings on the future for inflation and the economy. The outlook made for grim reading ...