Senior economists at the Bank of England will announce later on Thursday whether they are cutting the UK’s base interest rate, which currently sits at 4.75%. Most experts predict a quarter point ...

UK interest rates have fallen to 4.5% after the Bank of England voted to cut borrowing costs, as it also slashed short-term growth forecasts for the economy. The Bank’s Monetary Policy Committee ...

Bank of England Halves UK Growth Projection and Cuts Main Interest Rate to 4.50% LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its ...

The Bank of England will announce its latest interest rates decision this week. The base rate is currently at 4.75% after it was held at the previous Bank of England meeting in December 2024.

The Bank of England has cut its benchmark interest rate by a quarter point to 4.5%. The Bank’s rate setting Monetary Policy Committee (MPC) voted by 7 to 2 to bring rates down. Two members of ...