The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...

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.

Besieged Reeves hit by even worse than expected economic growth forecast - The Bank of England has cut interest rates by 0.25 ...

The Bank of England voted to reduce the base rate by 25 basis points at the first MPC meeting of the year, as widely ...