Bank of England cuts UK interest rates

Trump election boosts UK inflation risks, Bank of England's Mann says
The Bank of England should keep interest rates on hold until upside risks to inflation - including those posed by the election of Donald Trump as the United States' next president - dissipate, a top BoE official said on Thursday.
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank of England's Mann sees inflation pressure keeping rates high
LONDON (Reuters) -High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest rate-setter Catherine Mann said on Wednesday. Mann cast the lone vote ...
Bank of England must look past budget's temporary inflation hit, Pill says
The Bank of England will need to look beyond the temporary inflation boost from last week's budget but must keep a close eye on anything that might add to longer-term price pressures, BoE Chief Economist Huw Pill said on Friday.
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%.
Bank Of England Cuts Interest Rate As Inflation Slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.
Bank of England cuts rates but sees higher inflation after Reeves' budget
LONDON, Nov 7 (Reuters) - The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely to be gradual, seeing higher inflation and growth after the new government's first budget.
Bank of England’s Mann warns of upward inflation pressures; markets eye US inflation – business live
Markets await US inflation for clues on further Fed rate cuts. Opus Energy has agreed to pay more than £7m in refunds, redress and goodwill payments after the regulator Ofgem found that the company overcharged almost 88,
Bank of England's Pill Says Pay Growth Stuck at High Level
LONDON (Reuters) - Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed ...
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Bank of England Still Has Some Work to Do to Tame Inflation, Chief Economist Says
The Bank of England still has some way to go before it can celebrate having tamed inflation, its chief economist said ...
Bank of England cuts rates, sees gradual reductions ahead as Labour budget boosts inflation forecast
This was CNBC's live blog monitoring the Bank of England's monetary policy decision for November 2024. LONDON — The Bank of ...
Five crucial Bank of England charts: why it says the Budget WILL lead to a rise in inflation
The Bank of England's Monetary Policy Committee has posted a 90-page report outlining its musings on the future for inflation and the economy.
Interest rates live updates: Bank of England base rate cut to help slash mortgage bills
Following the Bank of England’s decision to cut the base rate, chancellor Rachel Reeves, said: “Today’s interest rate cut ...