The Bank of England kept interest rates on hold at 4.75% in the final Monetary Policy Committee meeting of 2024. Full analysis from the MoneyWeek team.

David Owen, founder and chief economist at Saltmarsh Economics, says the Bank of England will "have to move very, very cautiously." CNBC Posted: August 2, 2024 | Last updated: January 16, 2025 ...

The Bank of England has a target to keep inflation at 2%, slightly lower than the 2.2% recorded in the year to August. From late 2021, it made a series of increases to interest rates in an attempt ...

UK inflation fell more than expected in March, paving the way for the Bank of England (BoE) to cut interest rates next month to 4.25%. The Consumer Price Index (CPI) measure of inflation fell to 2 ...

The Bank of England has left itself the option to “skip” an interest rate cut later this year, economists have said, after policymakers voted to leave borrowing costs unchanged at 4.

MORTGAGE lenders have been slashing rates, with two-year deals now at the lowest they’ve been in almost three years. The average two-year fixed mortgage currently has an interest rate of ...

The Bank of England’s forecast has already been halved from 1.5 per cent to 0.75 per cent. It wouldn’t be a surprise to see a further reduction, perhaps to 0.5 per cent.

The Bank of England will increase the daily limit on its emergency bond-buying programme during its final week.

The Bank of England is expected to hold interest rates at 4.75pc on Thursday and money markets indicate the next cut could come as late as May. 1:16PM Why return of inflation echoes 1970s-style ...

Relief for struggling Brits with Bank of England poised to cut interest rates TODAY in bid to kick-start stalling economy. By JAMES TAPSFIELD, POLITICAL EDITOR FOR MAILONLINE. Published: 04:10 EDT ...

In August the BoE cut its Bank Rate to 5.00% from a 16-year high of 5.25% in a tight 5-4 vote. However, Governor Andrew Bailey said it would proceed cautiously to make sure inflation stayed low.