The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.

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 cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...

LONDON (Reuters) - The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp ...

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

The UK’s base interest rate is expected to fall to its lowest point in more than 18 months, providing a welcome boost for ...

The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK chancellor Rachel Reeves, the BoE said it now expected t ...

The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5 per cent, as it contends with a stagnant UK economy and an increasingly uncertain international ...

The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting ...