Economy News Bank Of England Keeps Rates At 15 Year High

Bank of England cuts interest rates to 3.75% - the lowest level since early 2023

The Bank's governor says interest rates are on a "gradual" downward path, and decisions around future cuts will be "a closer call". Read More

Interest rates: Why have they been cut and what does it mean?

Here the Press Association looks at what the decision means and what the Bank of England expects to happen to the economy. Read More

UK interest rates: Bank of England lowers rates to 3.75%

A fall in base rate is usually mirrored in mortgage rates, as base rate is the rate charged by the Bank of England (BoE) to smaller banks and building societies to borrow money. It is also the rate of ... Read More

Sterling keeps rising after the Bank of England raised the bar on rate cuts

The pound rose on Monday, building on gains made last week after the Bank of England delivered a widely expected rate cut, but suggested that the bar for further declines was high, given persistent ... Read More

Bank of England set to cut rates as inflation and economy slow

The Bank of England is expected to lower interest rates on Thursday after a sharp slowdown in inflation and a weakening in economic growth, but a string of further cuts in 2026 looks unlikely given ... Read More

More UK interest rate cuts expected in 2026 after Bank of England lowers borrowing costs to near three-year low – as it happened

Rolling coverage of the latest economic and financial news, as Bank of England governor Andrew Bailey switches vote – allowing rate cut today ... Read More

Bank of England keeps rates steady before inflation update

LONDON, May 11 (Reuters) - The Bank of England kept interest rates steady at a record-low 0.5 percent on Monday, judging that the outlook for prices and wages is still too weak for it to raise the ... Read More

Bank of England keeps interest rate at 4% AGAIN as it reveals when 'problematic inflation' will end

The Bank of England has announced the base ratewill remain at its current level of four per cent despite pressure from politicians and business to slash the cost of borrowing faster. Economists were ... Read More

Interest rates set to be cut by Bank of England ahead of Christmas

The move would mark the first rate cut since August, pushing borrowing costs to their lowest level in three years. Read More

Bank of England cuts rates while ECB holds steady

The Bank of England cut its key interest rate Thursday, moving in step with the Federal Reserve rather than many peers in Europe, which have entered a period of steadier borrowing costs.The key ... Read More