Economy News Uk Economy Bank Of England Governor Says Inflation Still Too High And It S Too Early To Think About Rate Cuts

Bank of England to Stop Rate Cuts at 3.5%, OECD Predicts

The Bank of England will cut interest rates twice more to 3.5% by June before monetary easing ends, the Organisation for Economic Cooperation and Development said Tuesday as it upgraded UK growth. Read More

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

Interest rates live: 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

Brexit Hit to UK Economy Double Official Estimate, Study Finds

Brexit has caused almost twice as much damage to the UK economy than estimated by official forecasts, according to new paper from a group of experts including a senior Bank of England economist. Read More

Bank of England eases bank capital requirements in bid to boost growth

By Lawrence White and Phoebe Seers LONDON, Dec 2 - Britain's central bank on Tuesday cut the amount of capital it estimates lenders need to hold, making its first reduction to bank capital demands ... Read More

Trump's tariffs will hit UK growth but temper inflation, says Bank of England rate-setter

Higher US tariffs on imports are acting as a drag on Britain’s economy and are likely to exert “some downward pressure on prices in the medium term”, according to Swati Dhingra, a member of the Bank ... Read More