Despite this, NIESR says BoE only has scope to cut rates by a further quarter point this year and once more in 2026, lowering ...

A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest ...

Bank of England policymaker Catherine Mann said on Tuesday that her unexpected vote for a half percentage-point cut in ...

Mann was one of two members of the BoE's Monetary Policy Committee who last week voted for a half-point cut in interest rates ...

ABank of England policymaker has called for a cautious approach to interest rate cuts following"uncomfortable" growth figures ...

During her speech at Leeds Beckett University, Mann asserted that she still sees restrictive monetary policy as necessary. She believes that the long-term equilibrium level of British interest rates ...

In contrast, homebuyers have had better news since the BoE rate cut, as Santander and Barclays announced they would offer mortgages below 4 per cent for the first time since November last year. The ...

Senior economists at the Bank of England will announce later on Thursday whether they ... while it also influences the interest rates offered by banks on savings accounts. Hikes in recent years, ...

It highlights that for the average savings of £17,365, somebody with their money in the top easy access account (4.70%) could earn £816 in interest each year, while this would be just £250 with the ...

Nearly 40 UK banks and building societies have moved to slash their savings rates following the Bank of England's decision to ...

Black Country businesses are being invited to receive a Bank of England update on the economic outlook at an upcoming Chamber ...

HMRC is cutting late payment interest to 7% following the Bank of England’s rate cut—but taxpayers still face double the interest rate on overdue tax bills compared to refunds.