The Bank of England hit the pause button on U.K. interest rates at 5.25%, following a bigger-than-expected fall in inflation. BOE presses pause on interest-rate hikes at 5.25% | Pensions & Investments ...

Bank of England (BOE) Governor Andrew Bailey has reaffirmed that interest rates in the UK are set to move “gradually ...

Britain's economy faces a setback. GDP declined for the second month in May. This surprises economists who expected growth.

The BoE lowered interest rates to 4.75% from 5% in November but raised its inflation forecasts due partly to the budget measures, which it said would also boost growth in the short run.

LONDON (Reuters) -Bank of England Deputy Governor Dave Ramsden backed more interest rate hikes on Thursday, but said he would consider cutting rates if the economy and inflation pressures panned ...

WATCH: The BOE maintained its benchmark interest rate at 5.25%, ending a series of 14 successive hikes since December 2021. Guy Johnson reports. Source: Bloomberg ...

BoE chief warns more interest rates hikes are coming after inflation hits FORTY-YEAR high of 11.1% driven by soaring energy and food bills and is set to stay there for MONTHS ...

As of Wednesday morning, Money markets were pricing in a 98% probability of a quarter-point rate cut at the February meeting, which would take the Bank rate to 4.5%. The BOE opted to hold at its ...

Tuesday saw Sterling hit an 11-month peak against the Dollar, driven by August’s unexpectedly high UK inflation rate. With the Bank of England (BoE) policy ...

The time for a Bank of England interest rate hike is nearing and it is "highly likely" that rates will continue to rise over the next few years, policymaker David Miles said in an interview ...