Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing ...

The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced ...

The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell ...

Interest rates have been cut by the Bank of England for the second time this year. The base rate has been reduced from 5% to ...

The Bank of England cut interest rates but pointed to the uncertainty facing the global economy from fresh trade barriers and ...

Interest rates are widely expected to be cut by the Bank of England on Thursday, in a move closely watched by businesses and ...

The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...

The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and ...

The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely ...

Interest rates have been cut for the second time this year, by a quarter of a percentage poi, but mortgage rates are still ...

MORTGAGE lenders have raced to slash their rates after the Bank of England cut interest rates to 4.75% this afternoon. This ...