The interest rate cut is a step in the right direction, but small businesses are facing so many pressures that they will ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
PRAGUE — The Czech Republic’s central bank cut its key interest rate again Thursday with inflation higher than expected after ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
In addition to the repo rate cut, the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) rates have also ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
The Bank of England (BoE) have today announced their base rate is to be cut 25 basis points, leaving the Bank Rate - what we might simply call the interest rate - at 4.5 per cent, the lowest it has ...
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Traders have ramped up their bets on the total number of BOE rate cuts in 2025 since January, as Europe diverges from the U.S ...
Two prominent North East business leaders have shared their perspectives following the Bank of England’s decision to cut ...