Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The bank now predicts that the British economy will only grow by 0.75% this year,
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.
Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise
The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation and the economy
Bank of England expected to cut key UK interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target
Interest rates: Bank of England decision cuts UK rate, what it means for mortgage rates and prices - news
For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and services. Thi Bank of England Cuts Interest Rates to 4.5% Amid Slower Growth and Rising Inflation Fears s could particularly affect essentials, such as food, energy, and transportation.
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
Bank of England Cuts Rates, Warns of Tariff Impact
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats.
Bank of England Gives Hawkish Warning as it Cuts Rates to 4.5%
The Bank of England’s Monetary Policy Committee voted to cut interest rates to a 19-month low but struck a hawkish tone by signaling that only two more reductions are needed to bring inflation back to the 2% target.
Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK chancellor Rachel Reeves, the BoE said it now expected t
Hosted on MSN15h
UK: Bank of England cuts interest rate to 4.5 pct
Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...
Savers warned over next steps as 'window may be closing' after Bank of England decision
Paul Noble, CEO of Chetwood Bank, warned: “Savers should take this as a reminder that the window for securing the best rates ...
London Evening Standard23d
Bank of England should cut rates pre-emptively, says committee member
Alan Taylor, the most recently appointed member of the Bank’s monetary policy committee (MPC) said the UK is ‘in the last half mile on inflation’. Bank of England MPC member Alan Taylor has ...
FXStreet23d
UK CPI inflation unexpectedly cools to 2.5% YoY in December vs. 2.7% forecast
The annual UK headline CPI inflation is set to rise ... Three members of the Monetary Policy Committee (MPC) voted to reduce rates, while six favoured a hold. Amidst weak economic prospects ...