Stay updated with breaking news from Uk interest rate. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Bank of England left its benchmark rate unchanged for the fourth straight meeting on Thursday and suggested rate cuts this year. The Monetary Policy Committee voted 6-3 to hold the bank rate at 5. ....
The Bank of England left its benchmark interest rate unchanged for the second straight meeting on Thursday as economic activity in the UK is projected to be weaker than previously estimated and the labor market showed signs of loosening, and the bank vowed to keep the policy restrictive for sufficiently long to bring inflation back to the target sustainably. ....
The Bank of England said on Thursday that it had decided to raise its base interest rate by 25 basis points to 5.25%, the highest figure since 2008. ....
The Bank of England raised its benchmark interest rate by a quarter point in a three-way split vote on Thursday. Six member of the Monetary Policy Committee including Governor Andrew Bailey voted to lift the bank rate by 25 basis points to 5. ....
The Bank of England raised its benchmark interest rate by a quarter point on Thursday, after a half percentage point hike last time, citing persistence of high inflation. ....