The Governor of the Bank of England has urged continued US support for two major global economic institutions. Andrew Bailey ...

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 ...

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

Rachel Reeves promised businesses time and time again before the election that she was on their side. As part of her Mais ...

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...

"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 ...

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.

Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.

Bank of England Governor Andrew Bailey cautioned markets against reading too much into how policymakers voted this month ...