Bank of England policymakers split over whether to cut interest rates on Thursday with more officials than expected seeking ...
Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had ...
The central bank left its main interest rate unchanged at 4.75%, but policymakers were divided over whether rate cuts were ...
For most of the UK’s inflation shock over the past two years, Bank of England policy reacted to swings in wage and prices ...
The U.K.’s central bank has warned about “heightened uncertainty” as it kept interest rates on hold after inflation moved ...
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...
Lloyds Banking Group, which includes Lloyds Bank, Halifax, and Bank of Scotland, has followed closely, shutting down 1,243 ...
Economists and traders now expect that February may see the next rate cut, although it could be even later next year.
There was surprise support for a fresh rate cut at the meeting which has revived hopes for borrowers that some further relief ...
The Bank of England maintained its key interest rate at 4.75% in a 6–3 split vote, as inflation pressures persist and growth ...
The base rate is what the Bank of England charges other banks and lenders to borrow money - this then influences how much you ...
He said: "Predictably, the Bank of England has held interest rates at 4.75% in its final announcement of 2024. "However, what ...