Bank of England to cut interest rates four times this year

UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Bank of England’s Taylor Sees Need for ‘Pre-Emptive’ Cuts to Lessen Recession Risk
Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy.
Bank of England to cut interest rates four times this year - Reuters poll
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to inflation are to the upside, suggesting policymakers may end up doing less.
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last half mile on inflation' and called for a pre-emptive cut
Bank of England interest rates forecast could mean huge boost for millions
The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the Chancellor Rachel Reeves.
Bank of England's Taylor says it's time to cut interest rates
The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently appointed interest rate setter, said on Wednesday.
Slowing Inflation Strengthens Calls For Bank Of England Rate Cuts
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by
Employment, not prices, will shape Bank of England rates as tax rises bite
The good news is not expected to last as inflation creeps up in the coming months as the rise in employer’s national ...
Bank of England warns billions of pounds in UK pension pots at risk
The Bank of England said it was concerned about an increase in the growing use of a type of insurance known as funded ...
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Bank of England and New York counterpart exchange puts technology cooperation into 3D
The Transatlantic Regulatory Exchange programme, as it is known, will start with the exchange of experts in emerging payment ...
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UK Central Bank to Test CBDC Capabilities in New Digital Pound Lab
Bank of England announces the launch of the Digital Pound Lab to explore practical applications and technical designs for its ...
Lenders expect mortgage demand to shrink in early 2025, Bank of England finds
The latest survey findings point to the financial strain on households against a backdrop of continued inflationary pressures ...
Bank of England refunded almost £50k worth of cash that had been through washing machine
These are among the startling statistics revealed by the nation's central bank, which also showed that just under £10 million ...
Bank of England should proceed with caution, former BOE policymaker says
Martin Weale, professor at King's College London and a former member of the Bank of England's monetary policy committee, discusses the U.K.'s latest monthly growth data and how the central bank could ...
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Unexpected fall in inflation boosts hope for Bank of England interest rate cut - but experts warn 'any drop is temporary'
UK inflation unexpectedly fell to 2.5 per cent in December, sparking increased expectations of an interest rate cut by the ...