Bank of England cuts interest rates to 4.5% but UK growth downgraded - Bank MPC votes to cut borrowing costs but also slashes ...

Andrew Bailey has warned that Britain’s bloated public sector is dragging down the economy after the Bank of England slashed ... with more workers on higher salaries funded by a record £40bn ...

The simultaneous jump in the minimum wage is also poised to make ... bid to expand airports and build more homes. Bank of England Governor Andrew Bailey is not entirely opposed to Reeves’s ...

UK interest rates have fallen to 4.5% after the Bank of England voted to cut borrowing costs, as it also slashed short-term ...

Bank of England governor Andrew Bailey said he is a supporter of the Chancellor's long-term growth plans announced last week but that it would take time for the strategy to come through in its ...

Bank of England chief faces questions over economy gloom and stagflation after interest rate cut: Live - Interest rates were ...

These will be released on the following dates: Some experts have argued that the Bank of England ... Bailey: Path of disinflation remains in place Commenting on the outlook from here, BoE governor ...

The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a ...

Andrew Bailey, the Governor of the Bank of England, delivers a speech to the ... shed staff or cut wages unless they want to absorb the extra costs in their margins. Businesses will likely choose ...

The governor of the Bank of England (BoE) has issued a stark warning against dismantling the financial regulations introduced after the 2008 global financial crisis.

The minimum wage is also set to rise ... Explaining today’s decision, Sir Andrew Bailey, Bank of England governor, said: “We need to be sure that inflation will stay low and that’s why ...