Why the Bank of England slashed its growth forecasts
The Bank of England delivered Chancellor Rachel Reeves a mixed blessing on Thursday. Alongside cutting interest rates by 25 ...
CNN4d
The world’s second-largest gold storage suddenly has very long lines to withdraw bars
All existing slots at the Bank of England to withdraw gold bars are booked up as market players race to ship the metal to the United States to take advantage of a surge in gold prices there ...
Bank of England restarts monetary easing, cutting key rate to 4.5%
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...
Global News4d
Bank of England slashes growth hopes for British economy in 2025
The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement, the bank’s nine ...
Analysts react to Bank of England rate cut
The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its ...