The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May - the second reduction in 2025. Analysts expect the Bank's Monetary Policy Committee to announce further cuts ...

Bank of England (BoE) Deputy Governor for Monetary Policy Clare Lombardelli said on Monday, “caution remains appropriate” on ...

The theory behind increasing interest rates to tackle inflation is that by making borrowing more expensive, more people will ...

On the cost of funds, those with a high concentration of term deposits recorded elevated cost of funds, leading to increased base lending rate. There is also inefficient transmission of a cut in ...

The Bank of England has voted to cut interest rates by 0.25 basis points, which will be welcome news to those with a mortgage ...