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Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.
The Bank of England has cut interest rates to 4% for the first time since 2023, signalling relief for borrowers but ...
The FTSE 100 index closed down 63.54 points, 0.7%, at 9,100.77. The FTSE 250 ended 12.22 points higher, 0.1%, at 21,938.10 ...
Bank Of England Acts Despite Stubborn Inflation Rate Mortgage-holders with variable rate deals will see their payments fall from next month fo ...
That’s the new number for interest rates, after the Bank of England voted to cut from 4.25% earlier today, bringing us to the ...
The Bank of England Monetary Policy Committee held interest rates unchanged at several of its meetings since last year’s ...
Why have they been cut and what does it mean? - Here the PA news agency looks at what the decision means and what the Bank ...
COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, ...
The Bank of England cut interest rates on Thursday but four of its nine policymakers - worried about high inflation - sought ...
The Bank of England's recent interest rate cut led to a rise in British bond yields, boosting the pound. However, inflation ...
Neither Presidents Kashkari or Daly—nor Governor Cook—dissented at the July meeting. With Governor Chris Waller and FOMC ...
The property industry has welcomed the Bank of England’s decision to reduce interest rates by 0.25 percentage points to 4%, ...