In line with our expectation, and that of economists and markets, the Bank of England lowered its key policy rate today by ...

Warnings of weak economic growth, resurgent inflation, and falling interest rates pose a toxic cocktail for Lloyds' share ...

EUR/GBP continues its upward trajectory for the fourth consecutive day, trading around 0.8350 during Friday’s Asian session.

Trouble at the Office for National Statistics means policymakers cannot rely on key economic numbers, including on employment ...

The GBP/USD pair struggles to capitalize on the overnight bounce from a multi-day low and trades with a mild negative bias, ...

The British central bank announced on Thursday that it would cut the interest rate from 4.75 percent to 4.5 percent, citing concerns about stagnant growth. The decision was made by the Monetary Policy ...

Paul Noble, CEO of Chetwood Bank, cautioned: "Savers should take this as a reminder that the window for securing the best ...

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

The Monetary Policy Committee reduced the level from 4.75 per cent to 4.5 per cent - the lowest in more than 18 months .

AstraZeneca's strong results boosted the FTSE 100 to a record close, aided by the Bank of England's rate cut. The BoE's ...

Asset managers and markets were not surprised by the Bank of England reducing interest rates to 4.5% from 4.75%, putting rates at their lowest point since June 2023.

Greater challenges await in future meetings when the BoE will be balancing the need to support an ailing economy without ...