The Bank of England made its first interest rate cut of 2025 on Thursday, resuming monetary easing amid ongoing concerns over ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The pound fell back from recent highs on Friday after fresh data showed the economy shrank for a second consecutive month. Data from the office for National Statistics showed a 0.1 per cent GDP ...

The Bank of England cut interest rates on 6 February from 4.75 per cent to 4.5 per cent. The decision came as little surprise to financial markets, with the 0.25 basis point cut widely predicted ...

The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth. Economic output expanded by just 0.1 per cent ...

The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.

Fears over a recession could see the Bank of England cut interest rates five or six times this year, according to one of its own experts. Alan Taylor, an external member of the Bank's Monetary ...

The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a ...

A member of the Bank of England's monetary policy committee (MPC) has called for interest rates to be cut "pre-emptively" to get the UK economy back on track. The committee will make its next ...