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 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 ...

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 ...

On Thursday, the National Institute of Economic and Social Research said it expected the central bank to wait until August to begin rate cuts, and then lower rates once again this year and twice ...

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.

The Bank of England raises rates again in a bid to corral inflation. The bank on Thursday lifted its key interest rate to 0.75 percent, the third consecutive increase. Share full article ...

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 ...

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 is predicted to keep UK interest rates at 4.25 per cent on Thursday amid rising food inflation and the threat of surging oil prices pushing up the cost of living. Most economists ...

The Bank of England base rate, 2006-2023. Bank of England The long phase of ultra-low interest rates deterred households and firms from paying down the debts that underlay the 2008 crisis.