US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...

Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation. The Bank of England cut interest rates again on Thursday, slashing its growth forecast for the year ...

A gloomy growth forecast from the Bank of England has piled the pressure on Rachel Reeves ahead of a verdict from the Budget ...

Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes ...

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.

The nine-member Monetary Policy Committee lowered the bank’s benchmark rate by a quarter point to 4.5 per cent. Read more at ...

Chancellor Rachel Reeves has said she is “not satisfied” with the UK’s growth rate after the Bank of England downgraded the economy’s short-term prospects.

The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation ...

As was widely expected, the Bank of England has cut its main interest rate from 4.75% to 4.5%. Two members of the Committee voted for a larger cut to 4.25%. The Bank also halved its forecast for ...

While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a ...

For consumers, this means that their purchasing power could be eroded, making it more expensive to buy the same goods and ...