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Bank of England to cut interest rates
Bank of England set to cut interest rates to 4.5% in first decision of year
The Bank of England is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following lower-than-expected inflation figures for December but ongoing concerns about sluggish economic growth.
Bank of England poised to slash interest rates in boost to one group of people
The cut should feed through relatively quickly to the 1.5 million homebuyers with mortgages that track the Bank of England base rate, giving these individuals a noticeable boost. However, it is likely to take some time for rates on home loans to first time buyers and others to come down.
Bank of England expected to cut interest rates again as UK economy stagnates
The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
Bank of England readies rate cut and could hint at more to come
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.
Interest rate cut from Bank of England 'sure bet' in win for mortgage holders despite inflation fears
The Bank of England is expected to bring down borrowing costs and cut interest rates to their lowest level in 18 months this Thursday, as policymakers weigh up mounting economic pressures. Economists widely predict that it is a "sure bet" the Bank's Monetary Policy Committee (MPC) will reduce the base rate from 4.
49m
on MSN
Britain's Lloyds and Barclays bank customers suffer service outages
LONDON (Reuters) -British banks Lloyds and Barclays on Monday apologised to customers who suffered service outages over the ...
2h
Expert issues warning over UK pensions as Bank of England forced to respond
EXCLUSIVE: A leading pensions expert has written to insurance companies clients reminding them of the need to be transparent ...
2h
on MSN
Thousands of people who have an ISA waking up to missing £150 in bank account
Data shows that Londoners are the laziest savers with average rates for easy-access ISAs at just 2.69%, barely exceeding ...
3d
on MSN
Traders are moving so much gold from the Bank of England to the U.S. to avoid Trump tariffs that the waiting time has reportedly octupled
London is in the grips of a gold shortage as traders line up for weeks to get bars out of the Bank of England and ship them ...
6d
Bank of England launches tool to calm gilt market in times of distress
The Bank of England said on Tuesday it had opened the Contingent Non-Bank Financial Institution Repo Facility for ...
5d
BoE's Bailey Says Bank Rules Were Delayed Because of US Competition
LONDON (Reuters) - The Bank of England delayed introducing new rules for banks to avoid putting British firms at a ...
5d
The Pound’s Slump Adds to Inflation Headache at Bank of England
The Bank of England faces an extra dilemma ahead of next week’s interest-rate decision, with the slump in the value of the ...
6d
on MSN
Remember the U.K. debt crisis under Liz Truss? Bank of England now has a formal process to handle it.
The Bank of England on Tuesday announced a new emergency measure to deal with debt-market instability like that seen during ...
8h
on MSN
In Not Following the Fed, the BOE Is Set to Be One of the Herd
The Bank of England is set to join a growing number of central banks that are pressing ahead with cuts to their key interest ...
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Related topics
interest rates
United States
gold
Andrew Bailey
Monetary Policy Committee
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