The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
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 has cut its main interest rate for the third time in six months with the British economy struggling to ...
The Bank of England has vowed to slash “bureaucratic” red tape and unleash a “leaner, meaner” City with more appetite for risk. Sam Woods, head of the Prudential Regulation Authority (PRA ...
The Bank of England is expected to cut interest rates next week - sparking a series of reductions in 2025. The bank is set to drop them from 4.75% to 4.5%, in a move that could shake up savings ...
The Bank of England said it set up an emergency lending service to stabilise markets during "episodes of severe gilt market dysfunction". Banks can already access emergency capital in the form of ...
LEEDS, England, Jan 15 (Reuters) - The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently ...
Net zero policies are sharply driving up energy costs, the Bank of England has admitted, as officials battle to bring living costs back under control. Sarah Breeden, the Bank’s deputy governor ...
The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a ...
BENGALURU, Jan 15 (Reuters) - The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to ...
If it all comes unstuck, they get hauled over the coals. Spare a thought, then, for the Bank of England and its Prudential Regulation Authority, currently under pressure to cut red tape.
A member of the Bank of England's monetary policy committee (MPC) has called for interest rates to be cut "pre-emptively" to get the UK economy back on track. The committee will make its next ...