Bank of England holds interest rates at 4%

It's the final decision on the base rate before Chancellor Rachel Reeves delivers her Budget later this month.

A hack impacting Jaguar Land Rover was so bad that it hurt the U.K.'s GDP, Bank of England says

The hack against Jaguar Land Rover, which began in August, has proven to be the most economically devastating in British ...

Divided Bank of England holds key interest rate at 4% despite hopes inflation has peaked

The Bank of England has kept its main interest rate unchanged at 4% as inflation in the U.K. remains markedly above target ...

Will Bank of England governor play Santa or Scrooge on interest rates?

The interest rate decision was made by the narrowest of margins, meaning all eyes are now on the Bank's December meeting.

Bank of England sees wider QE benefits cushioning big losses

The Bank of England said on Tuesday that wider benefits from its past government bond purchases mostly offset the large ...

British assets volatile as cooling labor market adds pressure to Bank of England and Finance Minister Reeves

Data released by Britain's Office for National Statistics (ONS) on Tuesday showed that the country's unemployment rate rose ...

U.K. Unemployment Climbs as Bank of England Mulls December Rate Cut

The U.K.’s unemployment rate rose in the third quarter, making it more likely the Bank of England will cut borrowing costs in ...

Bank Plays Waiting Game Ahead Of Budget

Borrowers Pin Hopes On December Rate Cut The Bank of England today held its benchmark lending rate at 4% as fears persist ...