The central bank left its main interest rate unchanged at 4.75%, but policymakers were divided over whether rate cuts were ...
Bank of England decision due after surprise inflation rise - The Office for National Statistics revealed that inflation had ...
Bank of England policymakers split over whether to cut interest rates on Thursday with more officials than expected seeking ...
For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...
The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved ...
The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their ...
Bank of England Governor Andrew Bailey will accompany British finance minister Rachel Reeves to China next month, Sky News ...
He said: "Predictably, the Bank of England has held interest rates at 4.75% in its final announcement of 2024. "However, what ...
The Bank of England maintained its key interest rate at 4.75% in a 6–3 split vote, as inflation pressures persist and growth ...
Economists and traders now expect that February may see the next rate cut, although it could be even later next year.
The base rate is what the Bank of England charges other banks and lenders to borrow money - this then influences how much you ...
The Bank of England has voted to hold the base rate at 4.75%. Here's what it means for your mortgage and savings, plus what ...