Economists think the Bank of England will cut interest rates to 4% on 7 August, when it announces the outcome of its next Monetary Policy Committee (MPC) meeting.The economy shrank for the second ...

LIVE – Updated at 18:00. 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 ...

LONDON (AP) — The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell significantly, relieving some pressure on ...

The Bank of England cut interest rates on Thursday in a move likely to bring relief to borrowers, businesses and hard-pressed consumers across the country. Stream Los Angeles News for free, 24/7 ...

The Bank cuts rates for the second time this year, ... UK interest rates have been cut to 4.25% from 4.5% and the governor of the Bank England has hinted more could follow in the coming months.

The Bank of England has held interest rates at 4.25% as it continues to tread carefully amid fears of resurgent inflation.

November’s rate cut, down to 4.75%, is the second cut in more than four years. As the Consumer Price Index climbed, mortgage repayments increased and personal debt became more expensive to clear ...

In August the BoE cut its Bank Rate to 5.00% from a 16-year high of 5.25% in a tight 5-4 vote. However, Governor Andrew Bailey said it would proceed cautiously to make sure inflation stayed low.

The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in ...

The Bank of England raised interest rates to 5.25 per cent last year, taking them to their highest rates since before the great financial crisis of 2007-8. It then cut lending rates to 5 per cent ...

The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell significantly, relieving some pressure on borrowers who have ...