News

Shock Bank split exposes precarious state of Britain’s economy
If the country learnt anything about the economy on Thursday, it was that even the Bank of England’s most senior officials ...
Fed's Powell has 'utmost integrity', says Bank of England's Bailey
U.S. Federal Reserve Chair Jerome Powell is a man of "utmost integrity", Bank of England Governor Andrew Bailey said, ...
Bank of England cuts its main interest rate to 4%, lowest level since March 2023
The Bank of England has cut its main interest rate by a quarter percentage point to 4% Thursday, as policy makers seek to ...
Bank of England Cuts Rates After Tight Vote
The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against ...
Bank of England sees bigger QT impact on gilt yields
The Bank of England said on Thursday it estimates that its programme to cut its bond holdings may have added as much as a ...
Rachel Reeves is celebrating the Bank of England's interest cut – but behind the scenes she has little to cheer
The Bank of England has cut the interest rate to 4% in its fifth reduction so far this year. On the other hand, though, the ...
It’s a new era of central bank dissent — and with a whiff of stagflation in the air, that’s not likely to change
It’s an era of unprecedented central bank dissension — and agreement is hard to find when the goals are in conflict.
Bank of England poised to cut interest rates for fifth time in a year despite fears over sluggish UK economy: Live updates
Follow live updates as the Bank of England reveals the new interest rate with many expecting a third cut this year despite ...