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, ...

LONDON (Reuters) -British consumers have turned a bit more confident this month after the latest interest rate cut by the ...

Both the tumbling of the old Bank of England, and the raising of its 1920s/30 successor, is documented in Building the Bank - ...

British inflation looks set to hit 4% next month, double the Bank of England's target and a level likely to add to ...

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 ...

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.

UK inflation rose by more than expected in July as demand for summer travel pushed up air fares and food prices continued to ...

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 ...

Leading forecasters have said the Bank's prediction could be too high, with inflation expected to come in slightly lower than ...

Financial markets predict that the Bank of England will reduce interest rates to 4% from 4.25% in its fifth cut since last August, taking it to the lowest since March 2023. A lower base rate can ...