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 ...

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 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 ...

The Bank of England cut interest rates on Thursday to tackle the expected hit from U.S. President Donald Trump's tariffs but a surprise three-way split among policymakers cooled expectations that it ...

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 ...

LEEDS, England, Jan 15 (Reuters) - The Bank of England should move quickly ... but with the economy weakening, it’s time to get interest rates back toward normal to sustain a soft landing ...

Homeowners should not expect borrowing costs to drop rapidly in the coming months, the governor of the Bank of England warned on Thursday after interest rates were cut for the first time since 2020.