The pace of rate cuts should be cautious, especially given the potential impact of structural changes in price and wage-setting behavior after the inflation spike of recent years, Pill noted. The BOE ...

The Bank of England (BoE) may need to keep higher interest rates for longer than markets are currently pricing in, as ...

Bank of England Chief Economist Huw Pill said on Tuesday that he was worried that inflation in Britain could prove stronger ...

The Bank of England is cutting its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global growth emanating from the tariff policies of the ...

An interest rate cut is likely to help homeowners nearing the end of a fixed-term mortgage, as well as prospective buyers, ...

The Bank also forecast a significant slowing of the US economy hit by its own tariffs. The Bank also said the impact of the ...

The 5-to-4 decision to lower rates to 4.25% from 4.5% - revealed ahead of a trade pact due to be announced between the U.S. and the U.K. - comes not just against a backdrop of trade uncertainty but ...

Interest rates are widely expected to be cut on Thursday, with further falls predicted for later in the year. Analysts say a ...

Following the Bank of England's last Base Rate ... and interest is paid on maturity. Earlier access is permitted on closure only, subject to providing 30 days’ notice, and no interest will ...

Savers are bracing for impact after the major building society announced the cuts, following the Bank of ... the interest rate will remain at 1.80%. For more information on the changes and a ...

The Bank of England’s Monetary Policy Committee (MPC) is widely expected to reduce interest ... of the expected change on Thursday is already priced in, but savings rates will likely continue ...