Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing ...

Bank of England base rate cut to help slash mortgage bills - Inflation fell below the Bank of England’s 2% target in ...

The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...

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 ...

More significantly, services inflation also slowed from 5.6% to 4.9% in September, coming in comfortably below the Bank of ...

Interest rates are widely expected to be cut by the Bank of England on Thursday, in a move closely watched by businesses and ...

Reeves announced plans to borrow roughly £30bn to £40bn more per fiscal year over the next five years. The extra borrowing is coupled with substantial new current and capital spending, which will ...

An increase in taxes in the Budget is expected to feed through to higher inflation in the coming months and years ...

The Bank of England has decided to reduce the Base Rate for the second time this year, with a majority vote of 8-1. With inflation resting below the Bank’s Government-set target at 1.7% in the 12 ...

The Bank’s Monetary Policy Committee (MPC) have cut its base interest rate for the second time this year - taking it from 5% ...

The Bank of England has attributed expected inflation rises to policies announced in Chancellor Rachel Reeves's October ...

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 ...