LIVE – Updated at 07:08. The Bank of England is widely expected to keep interest rates on hold on Thursday after the latest UK inflation figures remained stubbornly high.

The Bank of England has cut interest rates from 4.75% to 4.5% - the lowest base rate since June 2023. The Bank's Monetary Policy Committee voted 7-2 in favour of the cut - those two members wanted ...

The figure for June marks the fastest rate of inflation, which measures how quickly prices are rising, since January 2024.

Bank of England Governor Andrew Bailey told CNBC Tuesday that interest rates should come down gradually. Economists widely expect policymakers to cut rates by 25 basis points at the next gathering ...

LONDON (AP) — The Bank of England kept its main interest rate at the two-year low of 4.25% on Thursday as fears grow that the conflict between Israel and Iran will escalate.

The Bank of England cut interest rates Thursday for the first time since the start of the pandemic, providing some relief to households squeezed by the highest borrowing costs in 16 years.

The Bank of England is likely on Thursday to deliver a brighter outlook for the UK economy, reducing its forecast for inflation this year and potentially opening the way to interest-rate ...

The Bank of England has reduced interest rates after seven members of the central bank’s nine-strong Monetary Policy Committee (MPC) voted to reduce the base rate from 4.75 per cent to 4.5 per cent.