Economy News Bank Of England Keeps Rates At 15 Year High

Bank of England holds interest rates at 4% in another blow to Rachel Reeves

The Monetary Policy Committee (MPC) will meet today to determine whether the Bank of England Base Rate will change. Most experts predict the MPC will hold interest rates at 4% again after sticky ... Read More

Bank of England keeps key interest rate unchanged at 4% as inflation remains markedly above target

The Bank of England has kept its main interest rate unchanged at 4% as inflation in the U.K. remains markedly above target and policymakers await this month’s budget from the ... Read More

Interest rates live: Bank of England holds rates in boost to savers

Bank of England holds rates in boost to savers ahead of Budget - The base rate remains at 4% though there will immediately be an expectation of a December cut ... Read More

Bank of England holds rates in knife-edge vote that hints at December cut

LONDON, Nov 6 (Reuters) - The Bank of England kept borrowing costs on hold on Thursday, but a narrow vote and signs that Governor Andrew Bailey might soon join those seeking a rate cut boosted the ... Read More

Bank of England to cut interest rates in December and again in Q1 2026 - Reuters poll

The Bank of England will cut interest rates in December and again early next year as inflation cools over coming months, according to a majority of economists in a Reuters poll who last month expected ... Read More

U.K. Inflation Falls, Likely Cementing Bank of England December Rate Cut

Inflation declined in October for the first time since May, strengthening expectations that the Bank of England will cut its key rate next month. Read More

Interest rates live: Bank of England holds rates in boost to savers ahead of Budget

The BoE uses interest rates to try and control inflation. Higher rates discourage businesses from investing in projects and hiring as many people, which in turn leads to less money in the economy, ... Read More