The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and ...

Confidence in the Government among business and financial leaders, courted assiduously by Rachel Reeves before and ...

Analysts polled by Reuters had expected a 7-2 vote. Only Catherine Mann favoured keeping rates on hold. Sterling rose by ...

But he gives an example – if Congress is rewriting the tax code, the Fed would follow its work, and assess the likely impact ready for when the law is passed. Then that work (along with a lot of other ...

The FTSE 100 index closed down 25.94 points, or 0.3%, at 8,140.74. The FTSE 250 ended up 165.06 points, 0.8%, at 20,611.76, while the AIM All-Share fell 0.81 of a point, 0.1%, at 738.23.

The Bank of England (BoE) on Thursday cut interest rates for only the second time since 2020, reducing the rate from 5% to 4.75%. The Monetary Policy Committee (MPC) voted decisively, with an 8-1 ...

UK interest rates could take longer to fall further after the Bank of England forecast that inflation will creep higher after ...

Home owners in Northern Ireland on a tracker mortgage will see their monthly payments fall by £28.98 following yesterday’s 0.25 percentage point cut on UK interest rates, according to UK Finance ...

The Bank of England has cut interest rates by 25 basis points but signalled that it would take a “gradual” approach to further rate cuts as the impact of the Budget filters through the economy ...

The Bank of England cut borrowing costs for the second time this year, but it stopped short of signaling faster easing, warning that the budget could drive up inflation by as much as half a percentage ...

On the budget, Bailey said the BoE "will need to see more" to assess how it affects inflation. Its decision statement suggests the BoE believes the budget will have an inflationary impact. The budget ...

The Bank of England (BoE) cut interest rates by 25 basis points on Thursday, reducing its key rate to 4.75%, a move widely ...