Bank of England to cut interest rates

Bank of England cuts rates but slashes growth forecast in blow to Labour
Bank of England cuts rates but slashes growth forecast in blow to Labour - The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.
Bank of England cuts key UK interest rate to 4.5pc
The latest cut reflects some concern about the outlook for the British economy, which has barely grown over the past six months.
Interest rates LIVE: Bank of England poised to cut base rate by 0.25%
The base rate peaked at 5.25% in late 2023, but policymakers reduced it to 4.75% throughout the following months. The Bank of England typically raises interest rates when inflation is high to curb spending and slow price increases.
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking news and live events
Bank of England cuts interest rates to 4.5% - what it means for your money
The Bank of England base rate can affect everything from your mortgage to the rates applied to credit cards - we round up everything you need to know following the latest announcement
Bank of England cuts interest rates despite looming inflation surge
The Bank of England cut interest rates by 25 basis points, even though rate-setters said they expected inflation to rise this year.
Bank of England cuts rate and strikes with a dovish tone
The Bank of England cut its key rate by 25 basis points to 4.5%, which was in line with analysts' expectations. However, the central bank demonstrated a softer stance than the market had forecast, which put pressure on the British Pound.
Bank of England issues new inflation warning to households despite cutting rates to 4.5%
The central bank says inflation has come down enough to reduce rates again, but further cuts are up-in-the-air given higher-than-expected inflation on one hand but a weaker economy on the other
Bank of England is expected to cut interest rates this week amid gloom
Markets have been betting that the Bank's Monetary Policy Committee (MPC) will cut interests rates to 4.5 per cent on Thursday. This would be the third cut to the cost of borrowin
Bank of England could cut interest rates four times as Donald Trump's tariffs bite
Rate-setters are all but certain to announce a cut from 4.75% to 4.5% at the next Monetary Policy Committee meeting on Thursday.
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve ...
Money blog: Pound falls as Bank of England deals major growth blow to chancellor
Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%.
Bank of England humiliates Rachel Reeves with brutal downgrade to UK’s growth forecast
While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a ...
Relief for Brits with Bank of England set to cut interest rates TODAY to boost Labour's stalling economy - despite fears Trump trade war will fuel inflation
Markets are convinced the Monetary Policy Committee will reduce the level from 4.75 per cent to 4.5 per cent when the ...
Starmer defends economic outlook following Bank of England's warning on inflation
The Prime Minister also welcomed the latest cut to interest rates and said it was "significant" as it was the third cut since ...
Anyone with savings in one type of bank account urged to act before Thursday
Anyone who has savings in their bank account is being urged to take action before Thursday. On February 6, the Bank of ...