The Bank of England cut interest rates from 4.75% to 4.5% following an unexpected fall in inflation in December, but while this should bring immediate relief to homeowners, the Bank also downgraded ...
Interest rates were lowered by a quarter of a point. Governor Andrew Bailey said there was "heightened uncertainty".
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
Britain blindsided the European Union just before Trump took office by parking a host of banking reforms — and directly ...
The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff ...
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats.
Also in The Telegraph is an opinion piece by M&S head of food Alex Freudmann, who writes he is backing PM Keir Starmer’s bid ...
The Bank of England is expected to cut interest rates next week - sparking a series of reductions in 2025. The bank is set to drop them from 4.75% to 4.5%, in a move that could shake up savings ...
According to The Sunday Times, Downing Street chief of staff Morgan McSweeney accused Starmer of being “like an HR manager, ...
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