Rolling coverage of the latest economic and financial news ...
Bank deputy governor Ben Broadbent said in a speech that a summer rate cut was "possible". His comments come ahead of figures ...
A SUMMER boost of lower interest rates could be on the way after the Bank of England said it was “optimistic” that inflation ...
“Its likely that we will need to cut Bank Rate over the coming quarters…possibly more so than currently priced into market rates,” Bailey said. The Bank of England is set to leave interest ...
The Bank of England has continued to keep interest rates frozen at 5.25% in May – unchanged since August 2023. But inflation has fallen again and could even reach the central bank’s target of ...
The Bank of England is likely to make its first cut to base rate in summer, according to the latest forecasts. This week, the UK's central bank opted once again to hold the base rate at 5.25 per ...
Five mortgage lenders have increased rates in the latest blow to homeowners, as expectations of when the Bank of England will reduce interest rates are pushed further back. Barclays, HSBC, NatWest ...
Borrowers in the UK may have to wait longer for interests rates to come down, as experts suggest the Bank of England is not ready to reduce rates yet. The Bank of England’s Monetary Policy ...
Jeremy Hunt has urged the Bank of England not to cut interest rates too quickly after Governor Andrew Bailey opened the door to a steep fall in borrowing costs. The Chancellor intervened after Mr ...