Economy News Bank Of England Sees Economy Moving In Right Direction For Rate Cuts

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

UK inflation rate falls for first time since March to 3.6%

As we've been reporting, the UK's inflation rate has fallen to 3.6% in the year to October, according to the Office for National Statistics. It's the first drop since March, and the lowest the rate ... Read More

Charting the global economy: Bank of England holds line on rates

Global central banks are navigating complex economic landscapes. The Bank of England paused rate cuts, hinting at a December move dependent on inflation and jobs. Read More

Headline Rate Of Inflation Falls To 3.6% But Food Prices Shoot Higher

First Decrease Since March Stirs Hopes Of Lower Mortgage Rates By Christmas Data out today shows that the main rate of inflation edged ... 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 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's Pill supports more cautious pace of rate cuts

LONDON, Oct 17 (Reuters) - Bank of England Chief Economist Huw Pill said on Friday that interest rates will probably need to be cut more slowly because of stubborn inflation pressures still in the ... Read More

BoE's Greene Sees More Rate Cuts but Fears Inflation Might Fall More Slowly

LONDON (Reuters) -Bank of England policymaker Megan Greene said on Monday that interest rates would probably fall further but there were risks that the broad weakening of inflation pressures in ... Read More

Bank of England Rate-Setter Sees Growing Hard-Landing Risk in UK

The British economy faces a growing risk of a hard-landing, Bank of England policymaker Alan Taylor said on Tuesday, reaffirming his calls to speed the pace of interest rate cuts. Taylor, an external ... Read More