Storyline: The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 ...

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...

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 UK interest rates in boost for mortgage holders - Experts had predicted the Bank of England would cut ...

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...

Most economists had already predicted the nine-member Monetary Policy Committee (MPC) would lower the bank's main interest ...

US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...

Over half of firms contacted in the DMP survey expected to cut staff and 38% thought they would pay lower wages due to the ...

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...