BoE has cut rates from 4.75% to 4.5%. The decision, taken by the Bank’s Monetary Policy Committee (MPC), comes as the UK ...

The Bank of England has cut its main interest rate for the third time in six months with the British economy struggling to ...

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...

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.

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...

UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75% Bank of England cuts rates amid worries of slow ...

At its meeting ending on 6 February 2025, the monetary policy committee (MPC) voted by a majority of seven ... Andrew Bailey, Governor of the Bank of England, said: "We’ll be monitoring the UK economy ...

The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking ...

With a 25-basis-point reduction in the repo rate to 6.25%, the Monetary Policy Committee (MPC) has taken a decisive step toward balancing growth with inflation control. This move, set against the ...

UK interest rates have fallen to 4.5% after ... as it also slashed short-term growth forecasts for the economy. The Bank’s Monetary Policy Committee (MPC) voted for a quarter-point reduction ...