The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though ...

LONDON (AP) — 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 ...

Andrew Bailey says the UK economy is facing some bumps in the road - but to ordinary billpayers they'll seem more like bollards. Rising water bills and the prospect of higher domestic energy ...

If that turns out to be remotely accurate, it will be hugely disappointing news for the UK's Labour government ... of a healthy economy and it's the Bank of England's job to ensure that," he ...

More on that bleaker forecast from the Bank of England on how much the UK economy will grow. It expects the sluggish growth that we've seen for some time to last for longer that it previously ...

The Bank of England's Monetary Policy Committee has posted ... it also painted a gloomy picture on the UK economy. The Bank published its quarterly Monetary Policy Report, an in-depth view on ...

Bank of England Governor Andrew Bailey said the cut will be “welcome news to many” but that the Bank is “monitoring the UK economy and global developments very closely, and taking a gradual ...

Going forward, the Bank of England said it expects the UK economy to grow by 0.75% in 2025, down from a previous forecast of 1.5%, before accelerating in 2026. This will be a blow to Chancellor ...

chief UK economist at consultancy Capital Economics, told MoneyWeek: “Concerns about tariffs aren’t the main driving force behind what we think will be a decision by the Bank of England to cut ...

Bank of England Governor Andrew Bailey said the bank would be "monitoring the UK economy and global developments very closely and taking a gradual and careful approach to reducing rates further ...