Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly unpredictable".

A Bank of England policymaker has urged for three additional interest rate cuts in 2025, warning that the inflation outlook ...

Analysts predict cuts to come later in the year, but say the Bank rate is likely to remain at 4.25% for now.

The policy remains restrictive and it will continue to be restrictive. Although the level of restrictiveness will come down ...

The Bank of England has left its interest rates on hold at 4.25% during its Thursday meeting, though the bank has indicated ...

The Bank of England has revealed that whilst mortgage rates for new borrowers edged down in May, existing homeowners are ...

Taylor said the expected slump in demand due to a higher global average tariff rate should drive officials to vote for ...

The Bank of England is set to keep interest rates on hold as fears grow that the conflict between Israel and Iran will ...

Noting the elevated global uncertainty and persistent inflation, the Monetary Policy Committee voted 6-3 to keep rates on hold, with Deputy Governor Dave Ramsden joining Swati Dhingra and Alan Taylor ...

HOME-buyers were made to wait for loan cuts as Bank chiefs held steady on interest rates. Borrowing costs were kept at 4.25 ...

The Bank of England base rate is important as it impacts how much you repay when you borrow money, as well as the return on ...

Earlier this year, the Bank of England said that it expects inflation to rise to 3.7% in the third quarter, before starting to cool into next year.