Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
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Hosted on MSNBank of England governor backs chancellor's plans after rate cutBank of England governor Andrew Bailey said he is a supporter of the Chancellor's long-term growth plans announced last week ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
The Bank of England has downgraded its growth forecast for the UK, warning that the economy will expand by just 0.75% this ...
"We expect to be able to cut bank rate further as the disinflation process continues, but we will have to judge meeting by ...
The Bank of England cut interest rates by 25 basis points, even though rate-setters said they expected inflation to rise this ...
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Irish Independent on MSNBank of England cuts rates, sees higher inflation and weaker growthThe Bank of England has today lowered interest rates by a quarter of a percentage point, judging a sharp upward revision to ...
Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.
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