Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

BoE sees inflation peaking at 4%, twice its target Read more at straitstimes.com. Read more at straitstimes.com.

It’s an era of unprecedented central bank dissension — and agreement is hard to find when the goals are in conflict.

The Bank of England (BoE) cut interest rates today but four of its nine policymakers – worried about high inflation – sought to keep borrowing costs on hold, suggesting the run of rate cuts might be ...

The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4%, as policy makers seek to bolster the sluggish U.K. economy.

COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, ...

Bank of England Governor Andrew Bailey said in a press conference that interest rates would not be cut “too quickly or by too ...

Thomas Pugh, chief economist at audit, tax and consulting firm RSM UK said: “We still expect one more rate cut this year, but ...

A cut in interest rates will mean the 590,000 people with a base-rate tracker mortgage will see borrowing costs fall from ...

The Bank of England has narrowly backed an interest rate cut in a knife-edge move after it had to vote twice to reach a ...