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Bank Of England Cuts Interest Rate

Bank of England cuts interest rates to 4.75%, in second reduction this year

Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing households".

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The Bank of England's latest interest rate decision is a sign of things to come

The Bank of England's decision to cut its benchmark interest rate for a second time came as a surprise to many, but the central bank has been paving the way for the move for several months now.

Bank of England cuts rates but sees higher inflation after Reeves' budget

LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget.

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Interest rates cut by Bank of England to 4.75% - what it means for your mortgage and savings

Interest rates have been cut by the Bank of England for the second time this year. The base rate has been reduced from 5% ...

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Bank of England chief economist cautions over global economic ‘disturbances’

Huw Pill said the outlook for interest rate cuts depended on there being ‘no big new disturbances to the economy’.

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Federal Reserve follows Bank of England with interest rate cut, with ‘uncertain’ economic outlook – business live

BoE says the higher bus fare cap and adding VAT to private school fees will push up UK inflation. 20:17 Q: ...

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