The Bank of England's first interest rate decision of 2025 will take place next week, and investors widely expect rate-setters to reduce borrowing costs for a third time.

The Bank of England held interest rates steady at 4.75 per cent on Thursday after it was revealed that inflation in November rose to 2.6 per cent, above the central bank’s target. The move keeps ...

The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in ...

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.

LONDON—The Bank of England kept its key interest rate unchanged at a 16-year high, but indicated that it is on course to cut rates over the coming months alongside its European peers, and ...

The Bank of England has reduced interest rates after seven members of the central bank’s nine-strong Monetary Policy Committee (MPC) voted to reduce the base rate from 4.75 per cent to 4.5 per cent.

Bank of England hikes interest rates by quarter-point in 11th consecutive increase. Last Updated: March 23, 2023 at 8:24 a.m. ET First Published: March 23, 2023 at 8:03 a.m. ET.

The Bank of England will delay the announcement of its latest interest rate decision by two minutes on Thursday, publishing the decision at 1102 GMT rather than 1100 GMT, the bank said on Tuesday.

Bank of England cuts main interest rate to 4.25% from 4.5% Two BoE policymakers unexpectedly oppose cutting rates Tariffs expected to knock growth, push down UK inflation ...

LONDON — The Bank of England has cut interest rates for the first time since the onset of the COVID-19 pandemic in early 2020. In a statement Thursday, the bank said that by a 5-4 margin, its ...

The Bank of England on Thursday announced its second consecutive interest-rate increase, the first time it’s done back-to-back hikes since 2004. By a 5-to-4 vote, the Bank of England voted to ...

The Bank of England is likely to warn investors not to expect a string of back-to-back interest rate cuts if its policymakers push ahead with a first reduction in a knife-edge decision this week.