Bank of England cuts interest rates by 0.25 points to 4.75% 8 November 2024 -Top News·Business·UK News The Bank’s monetary policy committee (MPC) voted by a majority of eight to one to reduce rates for the second time this Read More
Bank of England Cut Rates to 5% 2 August 2024 -Top News·London News·UK News The cut will be seen as an important staging post as the economy starts to turn the corner on years of inflationary Read More
Bank of England set for interest rate decision 1 August 2024 -Top News·UK News In addition to that thorny problem, a number of factors are combining this month to make the outcome more difficult than usual Read More
Bank of England pauses interest rate hike 3 November 2023 -Top News·UK News The BoE expects GDP to grow by 0.5 per cent this year, unchanged from its last forecast, but downgraded its outlook for Read More
Bank of England increases key interest rate to 15-year high 4 August 2023 -Top News·UK News As per details, the interest rate was raised by a quarter-percentage point to 5.25 percent, which is the central bank’s 14th hike Read More
Bank of England hikes borrowing rates 23 June 2023 -Top News·UK News The size of the bank’s 13th hike in a row was a surprise after most economists had predicted a smaller quarter-point increase…reports Read More
Bank of England governor says UK is facing a wage-price spiral 19 May 2023 -Top News·UK News These areas of persistence, he continued, include domestic wage growth and price setting…reports Asian Lite News After more than a year of Read More
Bank of England hikes rates 24 March 2023 -Top News·UK News The central bank’s 11th consecutive rate hike takes benchmark borrowing costs to 4.25%, the highest since October 2008…reports Asian Lite News The Read More
Bank of England consider plans for a digital pound 8 February 2023 -Top News·EU News·UK News Unlike cryptoassets and stablecoins, the digital pound would be issued by the Bank of England and not the private sector. We are Read More
Bank of England set to raise interest rates to 4% 2 February 2023 -Top News·Europe·UK News This would be the BoE’s tenth interest rate rise in a row, since it started tightening policy in December 2021, adding to Read More
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