The Bank of England has cut interest rates to 4.5%, down from 4.75 ... was normal for most of the last decade. Now, inflation is much lower than the highs of recent years, at 2.5% per year.

The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.

Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest ...

The Mirror will be posting regular live updates ahead of the latest Bank of England interest rates decision, which is due at ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

Senior economists at the Bank of England will announce later on Thursday whether they are cutting the UK’s base interest ... months last year. The last time the rate was set at 4.5% was in ...

LONDON (Reuters) - The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its inflation forecasts for this year will prove temporary.

The new forecast came as the Bank cut interest rates to 4.5% from 4.75% ... "broadly flat since March last year". The UK ...

The Bank of England's monetary policy committee's decision to cut interest rates is the third cut to the cost of borrowing in just over half a year.

The Bank of England (BoE) is set to cut interest rates in its next meeting this Thursday from 4.75% to 4.5%, following ...

Economists have predicted that interest rates will come down further from their current 4.5% level, but that there could be a slowdown in cuts after three in the past six months.

UK interest rates have fallen to 4.5% after ... The Bank’s Monetary Policy Committee (MPC) voted for a quarter-point reduction after similar cuts in August and November last year, bringing ...