Economy News Bank Of England Sees Economy Moving In Right Direction For Rate Cuts
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Bank of England cuts rates after tight vote but signals caution over further moves
The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might slow further. Read More
Bank Rate Cut To 3.75% On Back Of Benign Headline Inflation Figure
Rate Below 4% For First Time Since Jan 2023 The Bank of England today announced a reduction in its benchmark lending rate from 4% to ... 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
Bank of England cuts base rate to 3.75%: what it means for the mortgage and housing market in 2026
"The much-anticipated final base rate cut of the year is the strongest signal yet that the government's commitment to taming inflation and stabilising the ... Read More
How Much Lower Will the Bank of England Go?
Gold is down 0.4% at $4,320 an ounce, and oil (Brent crude) is up about 0.4% to $59.90 a barrel. Bitcoin is up 1.9% at $87,620 per coin, while Ethereum is up 2.6% at $2,890. The pound is up 0.2% ... Read More
BofE cuts interest rates to 3.75%, lowest for almost three years
Bank of England cuts interest rates to 3.75%, lowest for almost three years - Today’s decision from the Bank will mean cheaper home loans for millions of property owners with tracker mortgages ... Read More
European Central Bank leaves rates unchanged with economy showing signs of modest growth
The European Central Bank is leaving interest rates unchanged for the fourth meeting in a row as the economy in the 20 countries that use the euro increasingly looks strong enough to get by without ... Read More
Interest rate cut likely after inflation undershoots expectations
Inflation dropped far below market expectations in November, official data has shown, easing Bank of England doves’ nerves a day before their decision on whether to cut interest rates is revealed. The ... Read More
Cut interest rates, City AM Shadow MPC tells Bank of England
Economists, who voted independently of the views of their organisations, said interest rates should be lowered to 3.75 per cent. Read More
The Bank of England Is Missing the UK’s Ugly Economic Truth
The Bank of England is belatedly waking up to the fact that Britain is struggling. It cut its official rate by 25 basis points to 3.75% on Thursday, but it’s not really grasping that more is needed. Read More
Bank of England lowers rates after tight vote but signals caution about further cuts
The Bank of England cut interest rates on Thursday after a narrow vote by policymakers but it signalled that the already gradual pace of lowering borrowing costs might slow further. Read More
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