The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.

The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...

The Bank of England is responsible for maintaining the UK’s economic stability. It operates monetary policy by adjusting the Bank Rate and, in certain circumstances, supplements this with ...

The Bank of England opted to hold the base rate at its current level in December, meaning interest rates began 2025 at 4.75 per cent. The next rate decision will be announced on Thursday 6 ...

The Bank of England is facing a growing clamour to make as many as six cuts in interest rates to save the economy from a recession. Goldman Sachs has issued a new forecast that UK interest rates ...

The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and anaemic economic growth. Economic output expanded by just 0.1 per cent ...

The Bank of England may cut interest rates five or six times this year due to fears of a recession. Alan Taylor, an external member of the Bank's Monetary Policy Committee (MPC), which sets the ...

A member of the Bank of England's monetary policy committee (MPC) has called for interest rates to be cut "pre-emptively" to get the UK economy back on track. The committee will make its next ...

Traders added to bets on the extent of Bank of England rate cuts this year, after weak retail sales presented the latest in a run of data surprises this week. Sales volumes fell 0.3% month-on ...