The Bank of England has cut interest rates to 4.5 per cent, but painted a gloomy picture for the UK economy by halving its ...

Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...

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 ...

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.

Trump’s arrival has added to pre-existing worries. Despite an International Monetary Fund official declaring in October that ...

Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.

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

Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation. The Bank of England cut interest rates again on Thursday, slashing its growth forecast for the year ...

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The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a ...