Recession alarm bells were ringing in the City today after the Bank of England slashed its growth forecast for this year to ...
The Bank of England lowered interest rates by a quarter point Thursday and downgraded the UK’s economic outlook after the ...
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
By cutting rates, the Bank of England seems willing to lend her a helping hand, it slightly eases the pressure on ...
The UK will only narrowly avoid a recession, according to the Bank of England, after it downgraded its economic outlook in a ...
A London homeowner with a £300,000 tracker mortgage will see monthly repayments fall around £43 from £1,710 to £1,667.
The Bank of England has downgraded its prediction for economic growth in the UK. That’s a blow to the Labour government as ...
The Bank of England has warned that inflation will be higher than previously forecast over the summer as households face a ...
New figures set to be released on Thursday are expected to show that the UK economy shrunk 0.1 per cent in the three months ...
British workers are increasingly worried about losing their jobs, and it’s preventing the economy from benefiting from a ...
The value of the pound has sunk sharply as the Bank of England signalled there would be more interest rate cuts later this ...