The Latest Breaking News from Bank of England

The dollar index (DXY00 ) Thursday rose by +0.29%. The dollar on Thursday recovered from a 3-week low and posted moderate gains on weakness in the euro and British pound. The euro fell to a 4-week low on dovish ECB comments, and the British pound fell to a 3-1/2 week...

Editorial: Even after the base rate reduction, businesses and households will still be paying record sums to borrow

The dollar index (DXY00 ) today is up by +0.13%. The dollar today recovered from a 3-week low and is moderately higher on weakness in the euro and British pound. The euro fell to a 4-week low on dovish ECB comments, and the British pound fell to a 3-1/2 week...

Savers are told to look beyond the more familiar big banks

The inflation spike caused by external factors including the Ukraine war might be over, but the importance of interest rates to the UK economy isn’t going away. Continuing global instability and the newly elected Labour government’s commitment to growing the economy mean the Bank of England will have to stay…

Some experts said the Bank of England base rate cut from 5.25% to 5% will help to give confidence to home buyers and sellers.

Bank of England's rate cut aims to boost economy amid Brexit uncertainties. Lower rates may impact inflation.

Bank of England cuts interest rates to 5% to address economic slowdown and lower inflation, impacting housing market and inflation risks.

The benchmark lending rate comes down from 5.25% to 5% bringing relief to millions of borrowers

The Bank of England has dropped the interest rate by 0.25%, as some of the main lenders rush to offer lower mortgage rates

City economists predict further cut in November, after first reduction in UK interest rates since 2020, as Bank lifts its growth forecast for this year