Bank of England cuts interest rates to 4.75%, in second reduction this year
Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing households".
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%.
Bank of England policymakers speak after cutting rates
The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget.
Bank of England meeting: U.K. central bank cuts rates to 4.75%
Bank of England governor Andrew Bailey was asked at the press conference about President-elect Donald Trump's comments on raising tariffs on imports into the U.S. "We have to watch very carefully the fragmentation of the world economy,
UK interest rates cut to 4.75%, as Bank of England warns budget will add to inflation – business live
AXA Investment Managers are sticking with their forecast of one quarter-point cut to UK interest rates per quarter next year. That would bring Bank rate down to 3.75% at the end of 2025. Gabriella Dickens,
Bank of England cuts rates but sees higher inflation after Reeves' budget
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget.
Bank of England cuts interest rates to 4.75%
The Bank of England has cut interest rates to 4.75 per cent after inflation fell to a three-year low in September. The eight-to-one decision to cut the base rate by 0.25 percentage points was in line with the expectations of economists polled by Reuters.
Bank of England cuts interest rate as inflation slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.
Bank of England cuts rates, second time since 2020, by 25 bps to 4.75% - What BoE said about UK inflation
Bank of England has slashed its interest rates by over 4%. Owing to the higher inflation and growth after the new government's first budget, the bank has further announced that the reductions were likely to be gradual.
Interest rates live updates: Bank of England cuts base rate after shock inflation drop
Bank of England cuts base rate after shock inflation drop - Inflation fell below the Bank of England’s 2% target in September for the first time in three years
Watch CNBC's full interview with Bank of England Governor Andrew Bailey
Bank of England Governor Andrew Bailey discusses the central bank's November rate cut and the path to easing inflation.
LBC4d
'Tariffs can fracture the global economy': Bank of England governor warns against trade barriers after Trump win
The Governor of the Bank of England has warned that trade tariffs proposed by Donald Trump could cause a "fracturing" of the ...
Interest rates must not be cut 'too quickly', says Bank of England chief
Governor of the Bank of England (BoE) Andrew Bailey has cautioned that policymakers must avoid cutting interest rates “too quickly or by too much,” following the BoE's decision to reduce its key ...
The Independent27d
I was Rachel Reeves’s boss at the Bank of England – here’s what she should do now
I know from your time at the Bank of England that you will not be daunted by the formidable challenges facing you as chancellor. Your first Budget will set the tone and path for the new government ...
i4d
Bank of England chief says Budget investment pledges will offset higher taxes
Rachel Reeves has welcomed the Bank of England’s decision to cut interest rates from 5 per cent to 4.75 per cent. She said ...
Interest rates RECAP: Bank of England confirms base rate decision with millions of homeowners impacted
The Bank’s Monetary Policy Committee (MPC) have cut its base interest rate for the second time this year - taking it from 5% ...
Bank of England to press on with digital currency in case banks fall short, Bailey says
The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, ...
The Bank of England has a lot to be cautious about
The Bank of England's decision to cut interest rates for the second time this year could hardly have come at a busier time.