London Bank of England

Bank of England to cut rate

Bank of England cuts key interest rate from 4% to 3.75%

The Bank of England on Thursday cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease.

· 5h · on MSN

Bank of England cuts rates after tight vote but signals caution about further moves

· 4h · on MSN

FTSE 100 and sterling rise after Bank of England rate cut

· 8h

Dollar firms as markets await ECB, BoJ rate announcements, pound higher after BoE

TOKYO, Dec 18 (Reuters) - The dollar held gains against its major counterparts on Thursday as markets positioned for central bank decisions in Britain, Europe and Japan.

· 10h

Bank of England expected to cut interest rates to under 4%

RTE Online · 15h

Bank of England set to cut rates as inflation and economy slow

· 8h

Interest rates cut to 3.75% but further reductions to be 'closer call'

The Bank said consumers remained "cautious and keenly focused on value for money" for goods, adding that food shops were "smaller than usual".

· 10h

UK stocks end higher as banks, home builders lead rally ahead of BoE rate decision

· 1d

Bank of England expected to CUT interest rates before Christmas after inflation 'surprise'

9hon MSN

Bank of England cuts rates in tight vote, sterling rises

The Bank of England cut interest rates on Thursday after a narrow vote by policymakers, but it signalled that the already gradual pace of lowering borrowing costs might slow further. The pound jumped as much as 0.

10d

Bank of England launches cost-cutting drive to fund analysis upgrade

The Bank of England has embarked on a cost-cutting drive, reducing headcount and closing one of its London offices to free up resources it needs for fixing weaknesses in its monetary analysis.

Yahoo Finance

Bank of England holds rates in knife-edge vote that hints at December cut

LONDON (Reuters) -The Bank of England kept borrowing costs on hold on Thursday, but a narrow vote and signs that Governor Andrew Bailey might soon join those seeking a rate cut boosted the prospect of a move in December once the government's budget has ...

PBS

Bank of England intervenes in market to halt economic crisis

LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K. financial markets and head off a crisis in the broader economy after the government spooked investors with a program of unfunded tax cuts, sending the pound tumbling and ...