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Bank of England cuts interest rate
Bank of England governor backs chancellor's plans after rate cut
Bank of England governor Andrew Bailey said he is a supporter of the Chancellor's long-term growth plans announced last week but that it would take time for the strategy to come through in its economic growth projections.
Bank of England Governor Bailey: We expect to be able to cut bank rate further
"We expect to be able to cut bank rate further as the disinflation process continues, but we will have to judge meeting by meeting, how far and how fast," Bailey told a news conference
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
1d
on MSN
Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve ...
1d
Bloated public sector is damaging economy, warns Andrew Bailey
Andrew Bailey has warned that dire public sector productivity is dragging down the economy after the Bank of England slashed ...
1d
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
1d
Andrew Bailey lays bare the damage of Reeves’s broken promises
Rachel Reeves promised businesses time and time again before the election that she was on their side. As part of her Mais ...
1d
Bailey Cautions Markets on Dovish Reaction to BOE Vote Split
Bank of England Governor Andrew Bailey cautioned markets against reading too much into how policymakers voted this month ...
7d
Sun readers’ chance to grill Bank of England boss Andrew Bailey – submit your question here
SUN readers are being given the chance to put their questions to the man responsible for setting how much interest you pay on ...
1d
Bank of England suffers exodus of gold bullion
Thousands of gold bars have been withdrawn from the Bank of England’s vaults since the end of last year amid fears around the ...
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