The central bank may have cut rates but forecasts of low growth and rising inflation make a challenging domestic vista.

Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday ...

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.

Stagnant growth late last year means the UK economy will improve slower than ... inflation set to stay above the 2% target rate for the year, averaging at 2.8%. It said that this inflationary ...

The UK gross domestic product (GDP) is expected to grow by 1 per cent in 2025, according to EY’s winter forecasts. It had ...

The Bank of England brought down its benchmark interest rate by 25 basis points to 4.5 per cent. Following the announcement ...

Factors such as tightening financial conditions and global trade uncertainties could dampen private sector confidence in the ...

UK lowers interest rate to 4.5%, downgrades economic growth forecast to 0.75% Bank of England cuts rates amid worries of slow ...

The Bank of England cut interest rates by a quarter percentage point on Thursday as the UK economic outlook darkens, ...

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

Andrew Bailey says he is a "very strong supporter" of the growth agenda, saying potential growth rates in the UK have been ...