Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking ...

The Bank of England has cut its main interest rate for the third time in six months with the British economy struggling to ...

The Bank of England lowered its main interest rate by a quarter of a percentage point to 4.50 per cent, taking it to its ...

Russia's economy could spiral as vital oil exports are sanctioned and refineries hit by Ukraine in drone strikes.

AI’s capabilities are advancing at “breath-taking speed” and the technology is now poised to have a “seismic impact” on ...

Iceland’s national airline is set to step up a long-running rivalry with transatlantic champions such as British Airways as ...

The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...

The EY ITEM Club expects UK gross domestic product (GDP) to grow by 1% in 2025, down from a previous estimate of 1.5%. The ...

The UK gross domestic product (GDP) is expected to grow by 1 per cent in 2025, according to EY’s winter forecasts. It had ...

Most economists had already predicted the nine-member Monetary Policy Committee (MPC) would lower the bank's main interest ...

Urgent action is needed by the Government to help UK companies, including AI and creative technology start-ups, to scale up, ...

Prime Minister Keir Starmer said the UK economy is starting to turn around as he sought to reset his government’s ...