The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...
The Bank of England cut interest rates by a quarter percentage point on Thursday as the UK economic outlook darkens, ...
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
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.
Market sentiment is due for another knockback as fresh tariff threats surface.
Risk.net, FX Markets.com, WatersTechnology.com, Central Banking.com, PostOnline.co.uk, InsuranceAge.co.uk, RiskTechForum.com ...
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...
A CNBC report revealed that economists are betting on the Bank of England cutting rates by 25 basis points from 4.75% to 4.5% in the Thursday Monetary Policy Committee meeting. The expected rate cuts ...
London bullion market players are racing to borrow gold from central banks, which store bullion in London, following a surge ...
“The government’s overarching goal is growth, and the UK central bank is telling it that Britain won’t eke out even a 1% expansion this year.” Nicholas Hyett, investment manager at Wealth ...
Why it matters: The central bank now expects the UK to grow slightly, alongside somewhat higher inflation risks — a toxic mix which could weigh on a global economy that might already take a hit ...
The UK does not operate in a vacuum, so what happens elsewhere has an impact here. A week ago, the European Central Bank cut interest rates in the Eurozone from 3% to 2.75%. That made it five cuts ...