Governor Andrew Bailey described it as a ‘finely balanced decision’ after MPC members were forced to hold a second vote.

BoE sees inflation peaking at 4%, twice its target Read more at straitstimes.com. Read more at straitstimes.com.

The Bank of England has cut its main interest rate by a quarter percentage point to 4%, as policy makers seek to bolster the ...

Food price increases have been driven by rising key food commodities, higher employment costs and extended producer ...

Nationwide is lowering its standard mortgage rate (SMR) by up to 0.25% following the base rate cut earlier today.

Why have they been cut and what does it mean? - Here the PA news agency looks at what the decision means and what the Bank ...