So-called "Sonia swap rates", which set the benchmark for lending between financial institutions, have risen slightly over the past week.
The Bank of England has given Chancellor of the Exchequer Rachel Reeves a £4 billion ($5.3 billion) lifeline to help ease ...
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 U.K. central bank left its key interest rate unchanged, taking a more cautious approach than the Federal Reserve.
The Bank of England looks set to keep interest rates on hold on Thursday as it awaits signs that inflation risks are quashed, ...
The British central bank has emphasized its intention to move steadily to ensure that inflation continues to slow.
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 Bank of England left interest rates at 5% on Thursday and voted to run down its stock of British government bonds by ...
Mortgage brokers have issued a warning that home loan interest rates may "edge up" following the Bank of England's decision ...
On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a ...
The Bank of England held interest rates at 5% today and voted to run down its stock of British government bonds by another ...