UK economy unexpectedly shrinks in blow to Rachel Reeves – what it means for YOUR money
BRITAIN’S economic growth fell unexpectedly in the first month of this year. The Office for National Statistics (ONS) said ...
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Will the Bank of England cut interest rates next week? Here's why it now looks more plausible
The pound fell back from recent highs on Friday after fresh data showed the economy shrank for a second consecutive month. Data from the office for National Statistics showed a 0.1 per cent GDP ...
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Bank of England raises interest rate by 0.5%
The Bank of England has raised interest rates by 0.5%, which means the central bank’s base rate now stands at 3.5%, the highest level since October 2008. This is the ninth consecutive increase ...
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Bank of England signals further easing after rate cut, slashes growth outlook
The Bank of England made its first interest rate cut of 2025 on Thursday, amid ongoing concerns over sluggish growth in the British economy. Economists had widely expected the central bank to trim ...
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Money blog: GDP unexpectedly fell by 0.1% in January
"The churn of ranges and rate moves circulated around swap rate volatility, but also due to a drop to the Bank of England base rate near the start of the month," said Rachel Springall, finance ...
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When will interest rates fall again? Forecasts on when base rate will be cut
The Bank of England cut interest rates on 6 February from 4.75 per cent to 4.5 per cent. The decision came as little surprise to financial markets, with the 0.25 basis point cut widely predicted ...
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Bank of England's Bailey says inflation is slowing, 2025 jump will not last
LONDON, Feb 17 (Reuters) - Bank of England Governor Andrew Bailey said ... Earlier this month, the BoE cut its benchmark interest rate to 4.5% from 4.75% as it halved its forecast for economic ...
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Another major bank cuts mortgage rates: Will cheapest deals head back below 4%?
From tomorrow, NatWest is lowering rates by as much as 0.36 percentage points. Last week, the Bank of England cut interest rates from 4.75 per cent to 4.5 per cent, but the move by NatWest is ...