Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing ...
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...
Bank of England base rate cut to help slash mortgage bills - Inflation fell below the Bank of England’s 2% target in ...
More significantly, services inflation also slowed from 5.6% to 4.9% in September, coming in comfortably below the Bank of ...
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said ...
They had previously forecast that interest rates would ... rates and mortgage rates are directly linked to the Bank of England base rate. In reality, future market expectations for interest ...
Interest rates are widely expected to be cut by the Bank of England on Thursday, in a move closely watched by businesses and ...
The gradualist view and the BoE’s forecasts are consistent with quarterly rate cuts. In a change of view, we no longer expect a quarter-point cut at the December meeting, but think this represents a ...
The Bank of England reduced the base rate from 5 per cent to 4.75 per cent on Thursday ... But the Bank’s Monetary Policy Committee (MPC) forecast that Rachel Reeves’s first budget as chancellor would ...
Interest rates have been cut by 0.25 percentage points but economists think it could be the last reduction for a while ...
An increase in taxes in the Budget is expected to feed through to higher inflation in the coming months and years ...
The Office for Budget Responsibility has increased forecasts for both house prices and future mortgage rates compared to its ...