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The Bank of England cut interest rates today but four of its nine policymakers - worried about high inflation - sought to keep borrowing costs on hold, suggesting the BoE's run of rate cuts might be ...
There is little doubt that a lack of clear progress in reducing inflation has spooked the Bank of England’s Monetary Policy Committee. Rather than a clear vote to reduce rates to 4 per cent in August, ...
UK inflation accelerated more than expected in July due to higher food prices and airfares, raising the possibility that Bank ...
The Bank of England is widely expected to cut its key interest rate to 4% from 4.25% on Thursday and to lower it once more ...
British inflation looks set to hit 4% next month, double the Bank of England's target and a level likely to add to ...
UK inflation rose by more than expected in July as demand for summer travel pushed up air fares and food prices continued to ...
Bank of England cuts rates, sees higher inflation and weaker growth Updated / Thursday, 6 Feb 2025 18:16 The Bank of England has today lowered interest rates by a quarter of a percentage point to 4.5% ...
The Bank of England has cut interest rates to 4%, taking the cost of borrowing to the lowest level for more than two years. The cut, from 4.25%, is the fifth the Bank has announced since last August.
Both the tumbling of the old Bank of England, and the raising of its 1920s/30 successor, is documented in Building the Bank - ...