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Interest rates are widely expected to be cut today, with most experts predicting a drop from 5 per cent to 4.75 per cent. The Bank of England decision will announced at midday UK time.
The decision comes a day after the US Federal Reserve voted for a shock 0.5 per cent cut to US interest rates, marking the first drop in four years. Key Points Breaking: Bank of England holds base ...
The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell significantly, relieving some pressure on borrowers who ...
The Bank of England has held interest rates at 4.75% as it cautioned over “heightened uncertainty in the economy” following the UK Budget and US presidential election.
The Bank of England held interest rates steady at 4.75 per cent on Thursday after it was revealed that inflation in November rose to 2.6 per cent, above the central bank’s target.. The move ...
The Bank of England‘s governor Andrew Bailey has described economic growth in the UK as “subdued”, as a major charity has warned that keeping interest rates unchanged at 5.25 per cent will ...
Results of the July 2024 general election to the House of Commons of the United Kingdom [4] [5] Affiliate Leader Candidates MPs Aggregate votes Total Gained [c] Lost [c] Net Of total (%) Total Of total (%) Change (%) Labour: Keir Starmer: 631 411 218 7 211 63.2 9,708,716 33.70 1.6 Conservative: Rishi Sunak: 635 121 1 252 251 18.6 6,828,925 23. ...
UK interest rates have been held at 4.75% after the Bank of England voted to keep borrowing costs unchanged. In an unexpected split, three members of the nine-member rate-setting committee wanted ...