The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...

The Bank of England has cut interest rates to 4.5 per cent, but painted a gloomy picture for the UK economy by halving its ...

Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...

Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...

MILLIONS of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates. During today’s ...

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.

Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation. The Bank of England cut interest rates again on Thursday, slashing its growth forecast for the year ...

A gloomy growth forecast from the Bank of England has piled the pressure on Rachel Reeves ahead of a verdict from the Budget ...

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.

Chancellor Rachel Reeves has said she is “not satisfied” with the UK’s growth rate after the Bank of England downgraded the economy’s short-term prospects.