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Bank of England Cuts Rates

Bank of England cuts rates and growth outlook, sees inflation 'bump'

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.

The New York Times · 4d

Bank of England Cuts Rates While Warning of Inflation and Trade War Risks

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

Associated Press News on MSN · 4d

Bank of England halves UK growth projection and cuts main interest rate to 4.50%

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. In a statement, the bank's nine-member Monetary Policy Committee lowered its main interest rate by a quarter of a percentage point to 4.

1hon MSN

Bank of England's Mann sees consumer pricing near target in year ahead, FT reports

Bank of England policymaker Catherine Mann said companies will struggle to raise prices this year as consumers are hit by job ...

1don MSN

Bank of England will give you cash if your notes look like this

Anyone with damaged notes can deposit them at most major banks and building societies, as well as at the Post Office. You can ...

BBC5d

Bank of England cuts interest rates to 4.5% and slashes UK growth forecast

The Bank of England has cut interest rates from 4.75% to 4.5% - the lowest base rate since June 2023 The Bank's Monetary Policy Committee voted 7-2 in favour of the cut - those two members wanted ...

The Mirror4d

Bank of England cuts interest rates to 4.5% - what it means for your money

The Bank of England has cut interest rates by 0.25 percentage points to 4.5% in a major boost for homeowners today. The base rate is what the Bank of England charges other lenders when they borrow ...