The Bank of England is set to keep rates on hold next week, sticking with its gradual approach to cuts after a reduction in May, but investors will look for hints on whether a slowing economy and ...

The Bank of England has kept its main interest rate at the two-year low of 4.25% as fears grow that the conflict between Israel and Iran will escalate. The decision Thursday by the ...

The Bank of England has left its interest rates on hold at 4.25% during its Thursday meeting, though the bank has indicated that cuts were coming later in this year.

"The bank last month divided 5 [MPC members] to 4 over the decision to cut rates a little, and the majority were very much seeing the economy slowing down and the threat of a faster slow down if ...

Rates have fallen by 0.14% in the last month. Meanwhile five-year rates are averaging at 5.09%, down from 5.48% since last May. Two-year fixes were last lower in September 2022, when they hit 4.24%.

While voting to keep Bank rate at 4.25%, Bank of England policymakers are now keeping tabs on the effects of a weakening labour market as well as global inflation challenges.