Repo rate cut leads to cheaper loans and increased money supply, benefiting common people with lower interest rates. Details ...

Trouble at the Office for National Statistics means policymakers cannot rely on key economic numbers, including on employment ...

An idea that took root globally after inflation shocks of 1970s is facing its stiffest challenge yet. Post-2008 crisis, central banks moved away from a narrow remit of targeting just inflation. Now, ...

The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the Monetary Policy ...

The Monetary Policy Committee of the Bank of England (BOE) voted for Reduce the interest rate key of 25 basis points at 4.5% ...

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.

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.

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve Sedgwick.

The Monetary Policy Committee (MPC) of the Bank of England holds a similar target as the US of achieving a 2% inflation rate. In Q4 2024, the CPI inflation was measured at 2.5% in the UK.