The Bank of England has announced an interest rate cut to 4.5%. CBS News foreign correspondent Ramy Inocencio has more on ...

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

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...

Bank MPC votes to cut borrowing costs but also slashes short-term growth forecasts for economy in blow to Rachel Reeves ...

Experts predict the Bank of England will cut the UK’s base interest rate, which currently sites at 4.75 per cent, to 4.5 per ...

Bank of England Governor Andrew Bailey said the central bank would be ‘monitoring the U.K. economy and global developments ...

The Bank of England has cut interest rates by 0.25 percentage points to 4.5% - here's what it means for your money ...

MORTGAGE lenders have swiftly reduced their rates following the Bank of England’s decision to lower the base rate to 4.5% ...

MILLIONS of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates. During today’s ...

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

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