News and decisions from the Bank of England — including interest rate changes, inflation forecasts, economic outlooks, monetary policy, and statements from the Governor.
The prospect of means-testing the UK state pension is rapidly gaining attention once again, as the Bank of Englandplaces the blame for sluggish economic growth squarely on the shoulders of the country’s ageing population. …
The Bank of England (BoE) has announced its decision to maintain the base interest rate at 4.5%, a move that holds significant implications for millions of Britons. This decision reflects the …
Across the UK, a growing number of businesses are refusing to accept cash payments, sparking a national debate over consumer rights and financial inclusion. From high street chains to restaurants and cafes, many establishments have …
The Bank of England (BoE) has issued a warning that interest rate cuts might not happen as quickly as expected due to persistent inflation. Additionally, the central bank has highlighted …
Rachel Reeves, the UK Chancellor, is facing renewed scrutiny over inaccuracies in her professional background after it was revealed that she wrongly claimed to have published work in the Journal of …
The UK economy has narrowly avoided a recession, posting a modest 0.1% growth in the fourth quarter of 2024. While this slight expansion has been welcomed by the government, Chancellor Rachel Reeves’ fiscal …
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