The Bank of England is belatedly waking up to the fact that Britain is struggling. It cut its official rate by 25 basis points to 3.75% on Thursday, but it’s not really grasping that more is needed.

Last week, the Bank of England decided to cut interest rates to 4 per cent – the lowest level in more than two years – despite forecasting that inflation will be double its 2 per cent target level in ...

Good afternoon, and welcome to MoneyWeek’s interest rates live blog. We’ll be covering everything you need to know about Thursday’s Bank of England policy meeting, before and after the headline ...

The Bank of England has lowered interest rates to 3.5%. The cut, down from 4%,is the fourth rate reduction this year and brings the cost of borrowing down to its lowest rate since February 2023. It ...

The Bank of England paused rate cuts at 4.25%, reflecting caution amid weakening UK growth and labor market data. Recent inflation data aligns with BoE forecasts, but risks remain two-sided. Inflation ...

The Bank of England cut interest rates today from 4 per cent to 3.75 per cent, in good news for homeowners with a mortgage. The 0.25 percentage point cut was widely predicted as the Bank looks to take ...

Kylie is the Global Live Pages Editor, leading a team providing real-time multimedia coverage of the biggest breaking stories worldwide. She previously worked on the UK Breaking News team, and spent ...

LONDON, Feb 6 (Reuters) - The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary. Here's what Bank of ...

Good afternoon, and welcome to our live coverage of the upcoming interest rates decision. The Bank of England’s Monetary Policy Committee (MPC) announces its latest decision tomorrow (6 November), and ...

That's it. The second rate cut in the new easing cycle and a press conference navigated without causing conniptions in the market. Sterling holds near its highs of the day around $1.2970. The 2-year ...