rates
Bank of England set to pause interest rate cuts as ‘cautious tone’ sticks
Experts think that the Bank’s rate-setting committee will likely keep UK interest rates at 5% on Thursday.
Cooling pay growth ‘set to smooth path for further interest rate cuts’
Many experts believe the latest jobs market data should keep the Bank of England on track to cut rates again in November.
Bank cuts interest rates to 5% but signals rapid fall unlikely to come
Governor Andrew Bailey said the Bank needs to be ‘careful not to cut interest rates too quickly or by too much’.
Bank of England cuts interest rate to 5% in first drop since 2020
The Bank has reduced rates from 5.25% to 5%.
Policymakers hold interest rates at 16-year high in ‘finely balanced’ decision
Members of the Bank’s Monetary Policy Committee (MPC) voted to hold rates at 5.25% for the seventh consecutive meeting on Thursday.
Bank of England keeps interest rates the same despite inflation hitting target
The Bank’s governor, Andrew Bailey, said policymakers ‘need to be sure that inflation will stay low’.
Reduced rates scheme relaunched for vacant town centre units
Back in Business scheme offers 50% reduction for two years
Too early for Bank to cut interest rates on Thursday, economists predict
The central bank’s Monetary Policy Committee is widely expected to hold interest rates at 5.25%.
Too early for Bank to cut interest rates on Thursday, economists predict
The central bank’s Monetary Policy Committee is widely expected to hold interest rates at 5.25%.
More than 5,000 empty properties enjoy rates relief for a decade or more
Assembly question reveals extent and duration of vacant property rates relief