The Bank of England has announced an interest rate cut to 4.5%. CBS News foreign correspondent Ramy Inocencio has more on ...

Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

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

Consumers need “careful financial planning in the months ahead” after the Bank of England cut interest rates on Thursday, ...

Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking ...

The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the ...

Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".

The Mirror will be posting regular live updates ahead of the latest Bank of England interest rates decision, which is due at ...

The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024 - but is ...

The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely ...