The Bank of England has cut interest rates to 4.5 per cent, but painted a gloomy picture for the UK economy by halving its growth forecast for this year and predicting a surge in inflation.

It came as the Bank of England cut interest rates to 4.5 per cent but painted a gloomy picture for the UK economy overall. Former Labour leader Mr Miliband told the BBC that the UK is in the ...

The Bank of England ... back-to-back interest rate cuts, for this month and when the Bank next meets to set rates on 19 December, after lower-than-expected inflation. The picture has changed ...

The Bank of England has held interest rates at 5%, in a widely-anticipated ... it also suggested the country’s economic picture was improving. It said it had received reports of “improving ...

Good afternoon, and welcome to MoneyWeek’s interest rates live blog. We’ll be covering everything you need to know about Thursday’s Bank of England ... complicates the picture for anyone ...

Picture date: Thursday Henry Nicholls/PA Wire The Bank of England cut interest rates by 25 basis points on Thursday, even though rate-setters expect to see a significant rise in inflation over the ...

The Bank of England has kept interest ... cutting rates in August but, since then, it has reduced the bank rate just three times as policymakers evaluate a mixed economic picture.

The Bank of England interest rate decision is on a “knife edge ... double the expected figure, set against a picture of rising unemployment, which now stands at 4.4% – something that ...