The Bank of England has cut borrowing costs to 4% but cautioned over “uncertainty” about future interest rate reductions.The Bank’s Monetary Policy Committee (MPC) chose to reduce interest rates by 0.

The FTSE 100 index closed down 63.54 points, 0.7%, at 9,100.77. The FTSE 250 ended 12.22 points higher, 0.1%, at 21,938.10 ...

Money expert Martin Lewis urged people to act following the expected rates change which was duly announced this afternoon.

There's little doubt in the market's mind that the Bank of England will cut interest rates later today by another quarter point, making it five cuts in the past year.

Bank has held rates four out of nine times since Labour took power - The Bank of England Monetary Policy Committee held interest rates unchanged at several of its meetings since last year’s general ...

Stocks are drifting in mixed trading on Wall Street Thursday after President Donald Trump’s latest tariffs took effect on ...

NS&I has issued a statement about the Premium Bonds prize fund rate and other savings account rates following another dip in the base interest rate. The Bank of England has decided today (August 7) ...

In the U.K., the increase in consumer prices in the 12 months ending in June accelerated to 3.6%, after having fallen below the bank's 2% target to as low as 1.7% in September. The Bank of England is ...

Britain’s economy is driven by domestic factors more than global ones right now, the governor of the Bank of England said on Thursday, when the central bank cut interest rates.

COMMENT: The flagging UK economy will get a badly needed boost from the Bank of England’s third rate cut of the year – but, ...

The Bank of England cut interest rates on Thursday but four of its nine policymakers - worried about high inflation - sought ...