The U.K.'s central bank is set to keep interest rates on hold later Thursday as inflation has moved further above its target ...
The central bank left its main interest rate unchanged at 4.75%, but policymakers were divided over whether rate cuts were ...
Bank of England policymakers voted 6-3 to keep interest rates on hold on Thursday, a bigger split than economists had ...
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 Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday December 19 - a day ...
Economists widely expected a rate hold at the December meeting, as policymakers remain concerned with stubborn services ...
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 Bank of England has opted to hold interest rates at their current level, to the disappointment of homeowners. During ...
Economists and traders now expect that February may see the next rate cut, although it could be even later next year.
The base rate is currently at 4.75% after it was cut from its previous high of 5.25% - and the Bank of England is due to meet ...
He said: "Predictably, the Bank of England has held interest rates at 4.75% in its final announcement of 2024. "However, what ...
There was surprise support for a fresh rate cut at the meeting which has revived hopes for borrowers that some further relief ...