The Bank of England cut interest rates Thursday for the first time since the start of the pandemic, providing some relief to households squeezed by the highest borrowing costs in 16 years. The ...

By Eshe Nelson Reporting from London The Bank of England decided, by a slim margin among its policymakers, to cut interest rates on Thursday for the first time in more than four years amid slower ...

Asked whether there are more interest rate reductions to come from the Bank of England, Governor Andrew Bailey said he would refuse to supply a signal at this time. "I'm not giving you any view on ...

The Bank of England has held interest rates at 5.25% for the seventh time in a row Despite inflation hitting the central bank's target level of 2% for the first time in three years, the rates ...

the interest rate is set for the period of time the account is fixed for, so it will be unaffected by the news from the Bank of England. If you are locking in a new account, it may be worth doing ...

Millions of home owners and businesses today celebrated lower mortgage and interest bills after the Bank of England cut interest rates by a quarter ... for the fourth time in less than a year ...

EUR/GBP edges lower to near 0.8410 ahead of the monetary policy announcement by the ECB. The EUR/GBP pair trades slightly ...

The latest cut in interest is in – but the Bank of England’s rate-setters are sharply divided. As the City expected, a quarter point was shaved from base rates, to 4.25 per cent, continuing ...

The Bank of England on Thursday lowered its interest rates for the second time this year as the U.K. central bank responds to cooling inflation and signs of a slowing economy. The 5-to-4 decision ...