The Bank of England on Thursday cut interest rates by 25 basis points, lowering its key rate to 5.0% from a 16-year high of 5.25%. Policymakers voted 5-4 in favor of the reduction, in what had ...

LIVE – Updated at 13:30. The Bank of England has slashed interest rates to 4.25 per cent in a boost to mortgage-holders, marking the lowest level for two years as the central bank warned an ...

The Bank of England is widely predicted to keep UK interest rates at 4.25% during its Monetary Policy Committee meeting on Thursday. This decision is influenced by rising food inflation, which saw ...

Interest rates to be held at 4.25 per cent, the Bank of England has announced. The MPC voted six to three to hold interest rates, with three members voting to reduce the rate by 0.25 per cent.

The Bank of England has cut interest rates from 5.25% to 5%, the first drop since the onset of the pandemic in March 2020. The BoE's rate setting committee voted by a majority of five to four to ...

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 ...

LONDON — The Bank of England has cut interest rates for the first time since the onset of the COVID-19 pandemic in early 2020 as inflationary pressures in the economy have eased. In a statement ...

The escalating conflict in the Middle East is “deeply worrying”, a deputy governor of the Bank of England has warned after voting to keep interest rates on hold. Clare Lombardelli said the central ...

100% chance that Bank of England will cut interest rates next month, markets predict. ... Jay Powell, should be fired and demanded a rate cut "NOW" in a social media post.

Pound (GBPUSD=X, GBPEUR=X)The pound rose against the dollar on Thursday afternoon, up 0.3% to trade at $1.3337, at the time of writing. This came after the Bank of England (BoE) announced an interest ...