The Bank of England decided to hold the base rate for the sixth time in a row this week – but was it the right decision? Should the MPC have been bold and made a cut? What does it mean for our ...
Bank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 split The Bank of England could cut interest rates faster than ...
The Bank of England has continued to keep interest rates frozen at 5.25% in May – unchanged since August 2023. But pressure is mounting on the central bank after inflation fell to 2.3% in the 12 ...
UK borrowers eager for costs to come down may have to wait a little longer before interest rates take a dip. The Bank of England’s Monetary Policy Committee (MPC), which sets the level of UK ...
The Bank of England has held interest rates at 5.25% but indicated it is edging towards cutting borrowing costs. At its latest meeting, the Bank said it had discussed cutting rates, with inflation ...
Tariffs are paid by firms in the importing country which increases costs for them. They may choose to absorb these costs themselves or pass them onto consumers in the form of higher prices.
Almost 15 years ago, when the UK was in the foothills of a prolonged period of near-zero interest rates, one of the top bosses at the Bank of England told me that savers might deal with low ...
An business consultant has urged the Bank of England to cut interest rates to "kickstart" the economy when its Monetary Policy Committee next meets. Martin Hartley, who is a member of the Bank of ...
LONDON, May 1 (Reuters) - Bank of England Governor Andrew Bailey has said inflation is moving in the right direction but some of his fellow interest rate-setters have sent different messages on ...