The Bank halved its growth forecast for the UK economy to 0.75% for this year, down from previous estimates of 1.5%, before accelerating again in 2026 and 2027.

The Bank of England cut interest rates again on Thursday, slashing its growth forecast for the year ahead and warning that the near-term outlook for the economy had darkened. It also held out the ...

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.

The Bank of England is expected to hold interest rates at its next June decision due to high wage growth and energy price ...

The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than 18 months. The economy is now expected to grow by 0.75% in 2025, the ...

The Bank of England cut interest rates from a 16-year high on Thursday after a narrow vote in favour from policymakers divided over whether inflation pressures had eased sufficiently.

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

The Bank of England has halved its growth forecast for this year as it cut interest rates to the lowest level for more than 18 months. The economy is now expected to grow by 0.75% in 2025, the ...

The Bank halved its growth forecast for the UK economy to 0.75% for this year, down from previous estimates of 1.5%, before accelerating again in 2026 and 2027.