In the United Kingdom, benchmark interest rate is set by the Monetary Policy Committee (MPC). The Bank of England official interest rate is the repo rate. This repo rate applies to open market ...
UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75% Bank of England cuts rates amid worries of slow ...
The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its ...
LONDON (Reuters) - The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp ...
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK chancellor Rachel Reeves, the BoE said it now expected t ...