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Average savings rates have been on a downward path in recent weeks, but some providers have unveiled new products.
A senior Bank of England official has warned that the recent surge in inflation could prove more enduring than anticipated, ...
Following the Bank of England's decision to leave UK interest rates at 4.25%, Rachel Reeves says the government respects the ...
The Bank of England’s plan to buy government debt helped stabilize the bond market, with 10-year bond yields falling to 4.235 percent in midday trading in London.
The Bank of England estimates that gas and electricity bills will eat up an additional 3.5% of household incomes in the period from 2021-2023.
The Bank of England and European Central Bank both held their benchmark rates steady. Even though inflation has been slowing, they gave no indication of when rates would start to come down.
The Bank of England raised interest rates by a quarter of a percentage point Thursday as inflation remains stubbornly high, buoyed, in part, by strong wage growth.. The move brings the main cost ...
Bank of England Governor Andrew Bailey defended the central bank's programme of government bond purchases and sales which has come under fire from some politicians for its cost. June 20, 2025 ...
The central bank lifted its benchmark rate a quarter point, to 4.5 percent, as part of its aggressive policy to tame inflation, but forecast that Britain was likely to avoid a recession.
Inflation is proving sticky, and while the base rate is predicted to drop throughout 2025, the Bank of England will not rush these decisions. ...
Bank of England officials said on Tuesday the central bank was on alert amid global turmoil in the banking sector but added that Britain was not experiencing stress linked to the demise of ...
The Bank of England estimates that gas and electricity bills will eat up an additional 3.5 percent of household incomes in the period from 2021-2023.