UK interest rates have fallen to 4.5% after the Bank of England voted to cut borrowing costs, as it also slashed short-term growth forecasts for the economy. The Bank’s Monetary Policy Committee ...

Andrew Bailey cited the loosening of the UK's labour market as one key indicator in the bank's most recent decision.

The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May - the second reduction in 2025.

The Bank of England is set to keep rates on hold next week, sticking with its gradual approach to cuts after a reduction in ...

The GBP/USD exchange rate jumped to its 1.3630 this week, its highest level since February 2022 as the US dollar index (DXY) ...

The Bank of England is forecast to keep its Bank Rate on hold at 4.25% next week, followed by a likely one quarter-point rate ...

Markets are pricing in around two further interest rate cuts this year but the MPC’s hawkish view on the economy has eased ...

The Bank of England slashed interest rates to 4.25 per cent on Thursday ... upgrading its previous 0.75 per cent forecast on the back of a strong start to 2025. However, it added that recently ...

Low and stable inflation remains a priority and we will stick to gradual approach to further rate cuts, says governor Andrew Bailey The Bank of England (BoE) has cut interest rates to 4.25% amid a ...

Andrew Bailey has signalled that Sir Keir Starmer’s trade deal with the US will not be enough to offset the hit to growth from Donald Trump’s tariff war. Speaking ahead of the UK-US trade announcement ...

Commenting on the interest rate cut, Haskel says ... wages have also gone up more than inflation. On the Bank of England's growth forecast, Starmer says the government has more to do.