How to dismantle the UK’s regulatory Tower of Babel
This erratic, piecemeal approach will not deliver lasting change. A brick-by-brick dismantling of a high-rise tower cannot shift regulatory cultures and practices. The first law of thermodynamics ...
Bank of England Chief Economist Says Some Colleagues ‘Rushing’ to Cut Rates
Bank of England Chief Economist Huw Pill pushed back against colleagues voting for a large interest rate cut, arguing that ...
Euronews3d
Bank of England cuts key UK interest rate as fears grow over the economy
The Bank of England has cut interest rates for the third time in six months, lowering the base rate from 4.75% to 4.5%. Most economists had already predicted the nine-member Monetary Policy ...
Reuters4d
Bank of England cuts rates and growth outlook, sees inflation 'bump'
LONDON, Feb 6 (Reuters) - The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about ...
RTE Online4d
Bank of England cuts rates, sees higher inflation and weaker growth
The Bank of England has today lowered interest rates by a quarter of a percentage point, judging a sharp upward revision to its inflation forecasts for this year will prove temporary. Two ...
Yahoo Finance5d
Bank of England set to cut interest rates to 4.5% in first decision of year
The Bank of England (BoE) is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following lower-than-expected inflation figures for December but ongoing concerns about ...
Yahoo Finance4d
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement ...
The Daily Telegraph3d
Pound plunges as Bank of England cuts rates – and hints at more to come
The value of the pound has sunk sharply as the Bank of England signalled there would be more interest rate cuts later this year. Sterling plunged 1.1pc during trading to $1.237 after policymakers ...
Reuters4d
Bank of England poised to cut rates but inflation worries linger
LONDON, Feb 6 (Reuters) - The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the COVID-19 pandemic in 2020, as it juggles the ...
The Mirror5d
Bank of England interest rates decision due on Thursday - will base rate be cut again?
The Bank of England will announce its latest interest rates decision this week. The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024.
MoneyWeek5d
Live: Bank of England cuts interest rates to 4.5%
These will be released on the following dates: Some experts have argued that the Bank of England is now displaying a more dovish tone than the US Federal Reserve. If the two central banks diverge ...
Daily Express5d
Barclays slashes mortgage interest ahead of 'likely' Bank of England base rate cut
The move comes as brokers speculate that February could mark the start of widespread rate reductions, with lenders positioning themselves ahead of a possible Bank of England base rate cut.