A second cut in rates in November will most likely be followed by three quarter-point cuts in 2025. Inflation data released ...

The Bank of England has given Chancellor of the Exchequer Rachel Reeves a £4 billion ($5.3 billion) lifeline to help ease ...

So-called "Sonia swap rates", which set the benchmark for lending between financial institutions, have risen slightly over the past week.

Bank of England governor says “we need to be careful not to cut too fast or by too much”, after leaving borrowing costs ...

The rate is expected to stay at 5%, after the last decision in August saw interest rates cut for the first time since the ...

The Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British government bonds by ...

The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, ...

The U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.

The base rate is what the Bank of England charges other banks and lenders to borrow money - this then impacts how much you're ...

The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news ...

The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.

On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...