Money blog: Interest rate cut to 4.75% - but Bank of England thinks budget will be inflationary
The Bank of England has cut the base rate to 4.75% - and will give a news conference at 12.30pm to reveal more about the ...
Bank of England cuts interest rates by 25 bps to 4.75%
While the BoE downgraded its forecast for average economic growth this year to 1% from 1.25%, reflecting recent revisions to past growth, it raised its forecast for 2025 to 1.5% from 1%.
Money blog: Interest rate cut to 4.75% - with Bank of England expected to reveal more about direction of travel
The Bank of England has cut the base rate to 4.75% - and will give a news conference at 12.30pm to reveal more about the direction of travel. Read this and the rest of today's personal finance and ...
Bank of England cuts interest rates as borrowing costs to fall ‘gradually’
The MPC said it considered the autumn Budget unveiled by Chancellor Rachel Reeves last week, in particular her decision to raise taxes for businesses. Tax rises and a higher level of public spending ...
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Interest rate cut for only second time in more than four years
The Bank of England has forecast Rachel Reeves' first budget as chancellor will increase inflation by up to half a percentage ...
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Bank of England cuts interest rates to 4.75% – what it means for your money
Interest rates have been cut by 0.25 percentage points but economists think it could be the last reduction for a while ...