Julian Harris: With Friends Like These, Does Labour Need Enemies
Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...
Rachel Reeves given ultimatum over 'putrid' downgrade to economy
Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...
Stocks rise as traders await Amazon earnings and UK rate cut and US jobs data
US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...
Millions of mortgage bills to fall as Bank of England interest rate decision confirmed – what it means for YOUR money
MILLIONS of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates. During today’s ...
Interest rates: Why have they been cut and what does it mean?
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
Interest rates live: Bank of England cuts interest rates to 4.5% but UK growth downgraded
Experts predict the Bank of England will cut the UK’s base interest rate, which currently sits at 4.75 per cent, to 4.5 per ...
Why the Bank of England slashed its growth forecasts
Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.
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Bank of England cuts interest rates and lowers growth forecast
Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation. The Bank of England cut interest rates again on Thursday, slashing its growth forecast for the year ...
Gloomy growth forecast adds to Rachel Reeves’ woes
A gloomy growth forecast from the Bank of England has piled the pressure on Rachel Reeves ahead of a verdict from the Budget ...
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Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Bank of England cuts rates while signaling caution on path ahead
The nine-member Monetary Policy Committee lowered the bank’s benchmark rate by a quarter point to 4.5 per cent. Read more at ...
Bank of England cuts interest rates to 4.5% as it downgrades growth forecast
The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.