Interest rates have been slashed to 4% this afternoon, marking the fifth cut since last August - and taking the cost of borrowing to its lowest level in more than two years ...

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

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, ...

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 on Thursday but four of its nine policymakers - worried about high inflation - sought ...

If the country learnt anything about the economy on Thursday, it was that even the Bank of England’s most senior officials don’t know how to fix it.

LONDON: Last week's interest-rate cut at the Bank of England (BoE) has been perhaps the most divisive yet under Andrew Bailey ...

UK inflation was undoubtedly hot in July, but as ever, the devil lies in the detail.

In July, headline consumer price inflation in the UK rose at an annual rate of 3.8 per cent, above market expectations of a 3.7 per cent rise and stronger than June’s 3.6 per cent increase. It was in ...

Benchmark rate lowered to 4%, lowest level since March 2023, as bank says while trade policy uncertainty 'somewhat' decreased, domestic, geopolitical risks associated with economic activity remain - A ...

Economists believe official Office for National Statistics data will show the cost of living squeeze deepened last month ...