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

Its historic, knife-edge decision to cut interest rates captured headlines on Thursday, but the Bank of England could be ...

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 ...

Halifax said on Thursday house prices were 2.4% higher compared with July last year, slowing from June's 2.7% increase. The housing market has settled after a rush to beat the expiry in April of a tax ...

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

The MPC’s narrow decision to cut the base rate is not expected to have a huge impact on mortgage pricing but could encourage ...

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.

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

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

Stocks are rising on Wall Street, even as President Donald Trump’s latest tariffs kicked into effect on dozens of countries.

Bank of England cuts main interest rate by a quarter percentage point to 4%, lowest since March 2023.