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UK Interest Rates

  • Bank of England holds interest rates again but Bailey says ‘things are moving in the right direction’

    March 21, 2024

    The Bank of England voted to leave interest rates on hold for the fifth consecutive meeting.

  • Sharp fall in inflation not enough to change the Bank of England’s approach – yet

    March 20, 2024

    The Monetary Policy Committee (MPC) meets tomorrow and will almost certainly leave interest rates on hold despite today's inflation figures.

  • Inflation drops faster than expected ahead of Bank of England’s interest rate decision

    March 20, 2024

    The figures come just a day before the Bank of England announces its latest decision on interest rates.

  • The Bank of England should cut rates soon – but timing is everything

    March 19, 2024

    There's no doubt that cuts should start soon, but it might be wise to wait a little bit longer before reaching for the interest rate axe, writes Chris Dorrell.

  • Central banks in focus this week as policymakers weigh up interest rate cuts

    March 17, 2024

    Major central bank are set to dominate the headlines this week as they prepare to make decisions on interest rates that will determine borrowing costs around the world.

  • Bank of England to cut interest rates in June, economists forecast

    March 17, 2024

    The Bank of England is set to start cutting interest rates in June, according to a Morning Wire poll of top economists, as inflation nears its target, the labour market cools and the UK takes its first steps out of recession.

  • Why the Bank of England will keep interest rates on hold despite lower inflation

    March 13, 2024

    The latest clutch of data is unlikely to change the Bank of England's thinking ahead of its decision on interest rates next week.

  • UK economy takes first steps out of recession as growth returns in January

    March 13, 2024

    The figures will raise hopes that the UK is already moving out of the shallow recession it fell into in the second half of last year.

  • Pound Sterling makes strong start to 2024 as UK recovery from recession to continue

    March 11, 2024

    Paul Robson, head of G10 FX strategy at Natwest, also drew attention to the UK's increasingly supportive political background.

  • UK set for recession rebound as growth returns, GDP figures expected to show

    March 11, 2024

    Rob Wood, chief UK economist at Pantheon Macroeconomics, said last year's minor recession was "already disappearing in the rear-view mirror".

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