Rachel Reeves is facing a £1.3bn “triple lock” headache as spiking inflation pushes up the cost of the state pension.

The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...

Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...

While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a ...

The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...

House prices rose just a day after the Bank of England cut interest rates for the first time this year in a boost for 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.

The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting ...

The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.