6 h. ago Bank of England vote split hits hopes for faster interest rate cuts

Debate highlights uncertain outlook for UK growth and ‘plethora of risks’ facing economy

Politics

9 h. ago New interest rate cut could see people with tracker mortgage save nearly £350 a year

People with savings are set for a further slump after the Bank of England cut the base rate to 4.25% on Thursday.

Economics

11 h. ago What the Bank of England's interest rate cut to 4.25% means for you

The Bank of England has voted to cut interest rates by 0.25 basis points, which will be welcome news to those with a mortgage.

Politics

11 h. ago UK interest rates fall to 4.25% as Bank of England announces a quarter

Move follows run of downbeat economic data and looks to cushion UK from Trump’s trade war falloutExplainer: what does it mean for mortgages and savings?Analysis: mood-boosting rate cut is a fillip for Reeves but leaves future uncertainBusiness live – latest updatesBank of England policymakers have cut interest rates by a quarter point to 4.25% to cushion the UK economy against the impact of Donald Trump’s trade war.The widely expected move from the Bank’s monetary policy committee (MPC), its fourth cut since last August, also carried a warning that the UK economy would slow by a further 0.3% over the next two years in addition to dramatic cuts to its forecasts earlier this year. Continue reading...

Politics

11 h. ago Interest rates cut to 4.25%: What it means for your mortgage and savings

The Bank of England has voted to cut interest rates by 0.5 basis points, which will be welcome news to those with a mortgage.

Economics

11 h. ago Bank of England CUTS interest rates in relief for struggling Brits as fears over stalling economy outweigh inflation threat

The Monetary Policy Committee reduced the level from 4.5 per cent as fears over the stalling economy outweighed the threat of inflation.

Economics

11 h. ago Bank of England cuts interest rates to 4.25 per cent in boost to businesses

Following cuts in February and now May, the base rate is down from a high of 5.25 per cent to a level last seen two years ago in May 2023

Economics

11 h. ago Bank of England cuts interest rates by a quarter point to 4.25%

The cost of borrowing is now at its lowest for two years in a boost to home owners, first time buyers and small businesses

Politics

11 h. ago What the Bank of England's interest rate cut means for your mortgage

The UK base rate has been reduced from 4.5 percent down to 4.25

Economics

11 h. ago What the interest rate cut means if you have a mortgage, loan, or savings

The Bank of England has cut interest rates and this is what it means in practical terms

Economics

14 h. ago Relief for struggling Brits with Bank of England poised to cut interest rates TODAY in bid to kick

The Monetary Policy Committee is widely expected to reduce interest rates from 4.5 per cent in its latest decision just after noon.

Politics

15 h. ago Buyers wait for more interest rate cuts as London house prices rise just 1.3%

Latest figures from Halifax come ahead of the Bank of England’s decision on rate cuts today

Economics

16 h. ago Interest rates live updates: Bank of England poised to cut interest rates in boost to mortgage holders

Economists expect Bank of England to cut rates to 4.25 per cent – with some anticipating push for even larger reduction

Economics

16 h. ago The Bank of England is expected to cut interest rates in the face of US tariffs threat

The Bank of England is widely expected to cut interest rates on Thursday as a result of the potential shock to growth emanating from the tariff policies of the Trump administration

Economics

31 h. ago Bank of England poised to cut interest rates as tariffs to weigh on growth

Most economists think UK interest rates will be reduced to 4.25% from their current level of 4.5% on Thursday.

Economics

3 d. ago Bank of England set to cut interest rates as US tariff impact hits UK economy

The Bank is trying to ease borrowing costs as economic growth is predicted to be slowed by the impact of Trump's tariffs

Economics

3 d. ago Trump says Biden caused the economic downturn. That’s malarkey | Steven Greenhouse

The US president is blaming ‘Biden’s economy’. In fact, there is one key cause of the poor showing – and it’s not his predecessorWhile Donald Trump delusionally asserts that “we’re celebrating the most successful first 100 days of any administration in American history”, last week’s economic news emphatically refutes that. Trump’s commerce department reported on Wednesday that the US economy – in a sharp and dismaying reversal – shrank in the first quarter of this year.That of course is when Trump returned to the White House, but Trump, true to form, denied that he was in any way responsible for the surprisingly bad economic news. Trump, who has spent his life blaming others and refusing to admit mistakes, was quick to blame Joe Biden for the downturn. The nation’s gross domestic product declined at a 0.3% annual rate in the quarter, after adjusting for inflation.Steven Greenhouse is a journalist and author focusing on labor and the workplace, as well as economic and legal issues Co...

Politics

3 d. ago Bank of England poised to cut rates as fears grow over impact of Trump tariffs

Markets suggest quarter-point reduction to 4.25% is almost certain but some economists say Bank must go furtherThe Bank of England is poised to cut interest rates on Thursday amid growing concerns over the hit to UK jobs and growth from Donald Trump’s increasingly erratic global trade war.In the Bank’s first intervention since the US president’s “liberation day” tariff policy announcement sent shock waves through the world economy, Threadneedle Street is expected to reduce its key base rate from the current level of 4.5%. Continue reading...

Politics

4 d. ago Bank of England set to cut interest rates as US tariff impact in focus

Most economists are expecting rates to be reduced by 0.25 percentage points on Thursday.

Economics

6 d. ago Bank of England tipped to cut rates to 3.25% as UK exports suffer worst slump since Covid

The UK's beleaguered manufacturing sector has now been shrinking for seven months in a row, according to figures from a closely-watched business survey.

Economics