The Bank of England cut interest rates today but four of its nine policymakers - worried about high inflation - sought to keep borrowing costs on hold, suggesting the BoE's run of rate cuts might be ...

Interest rates have been slashed to 4% this afternoon, marking the fifth cut since last August - and taking the cost of borrowing to its lowest level in more than two years ...

There is little doubt that a lack of clear progress in reducing inflation has spooked the Bank of England’s Monetary Policy Committee. Rather than a clear vote to reduce rates to 4 per cent in August, ...

Britain faces an "acute challenge" over its weak underlying economic growth and reduced labour force participation since the ...

Leading forecasters have said the Bank's prediction could be too high, with inflation expected to come in slightly lower than ...

A MAJOR online bank with millions of customers will make a huge change in just two days. Monzo Bank has slashed the interest ...

The Bank of England has today lowered interest rates by a quarter of a percentage point, judging a sharp upward revision to its inflation forecasts for this year will prove temporary.

The Bank of England has cut interest rates to 4%, taking the cost of borrowing to the lowest level for more than two years. The cut, from 4.25%, is the fifth the Bank has announced since last August.

Financial markets predict that the Bank of England will reduce interest rates to 4% from 4.25% in its fifth cut since last August, taking it to the lowest since March 2023. A lower base rate can ...

Both the tumbling of the old Bank of England, and the raising of its 1920s/30 successor, is documented in Building the Bank - ...