U.K. Pay Increases Slow Again as Bank of England Mulls Further Rate Cuts
U.K. wages rose at a slower pace in September, opening the way for further rate cuts from the Bank of England.
Nationwide, Santander and HSBC HIKE mortgage rates despite Bank of England cut – see the full list
MORTGAGE borrowers are being hammered with higher costs as major lenders hike rates and pull top deals despite a recent cut to the Bank of England base rate. In a blow to buyers, HSBC, Santander
Bank of England's Pill Says Pay Growth Stuck at High Level
LONDON (Reuters) - Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in Britain remained too high for the BoE's 2% inflation target.
Bank of England Cuts Interest Rates, but Signals Stickier Inflation
The central bank said future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.
Bank of England cuts UK interest rates again despite modest budget-related inflation spike
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%.
Bank of England readies new rate cut as budget hangs over outlook
The Bank of England is likely to cut interest rates on Thursday for only the second time since 2020 but the big question for investors is whether the BoE sends a signal about its subsequent moves after the government's inflation-raising budget.
Bank of England meeting: U.K. central bank cuts rates to 4.75%
The markets and economists expect the Bank of England will cut its bank rate by 25 basis point to 4.75% on Thursday. It will be the second such reduction in borrowing costs since the U.K. central bank began easing policy in August.
Live: Bank of England cuts interest rates to 4.75%
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and analysis from the team at MoneyWeek.
Sterling Lifted by Modest Bank of England Rate-Cut Bets
Sterling was stronger against the euro as traders continued to expect modest rate cuts by the BOE, while the ECB might ramp up cuts ING said, adding that EUR/GBP could fall to 0.8200 before the end of the year if the ECB cuts rates by 50bp in December.
The Independent22m
Bank of England policymaker pledges to ‘move big’ when ready to cut rates
We believe quality journalism should be available to everyone, paid for by those who can afford it. A policymaker at the ...
Bank of England's Mann sees upward inflation risks
High inflation in Britain has not been vanquished and there is a risk that some drivers of price growth could be heading ...
Wall Street Journal1d
Bank of England Still Has Some Work to Do to Tame Inflation, Chief Economist Says
The Bank of England still has some way to go before it can celebrate having tamed inflation, its chief economist said ...
GB News on MSN2d
Interest rate cuts at risk as Trump tariffs to 'disturb' global economy, Bank of England warns
The Bank of England's chief economist has warned that future interest rate cuts could be affected by global "disturbances" in ...