Bank of England cuts interest rates to 3.75% in pre-Christmas boost for struggling economy
Rate-setters back quarter-point cut after steep fall in inflation and weak economic data but vote remained close Business live – latest updates The Bank of England has cut interest rates by a quarter point, giving a pre-Christmas boost to the struggling UK economy, but a split vote among
Read MoreBank of England cuts UK interest rates to 3.75% in 5-4 voting split – business live
Rolling coverage of the latest economic and financial news, as Bank of England governor Andrew Bailey switches vote – allowing rate cut today UK inflation falls sharply to 3.2% amid slowdown in food price rises Back in the City, shares in hotel group Whitbread have jumped by 5.5%
Read MoreInflation drop makes Bank of England early Christmas present to Reeves almost a certainty
Monetary policy committee, cautious in recent months, expected to respond with cut in interest rates UK inflation falls sharply to 3.2% Business live – latest updates The sharper-than-expected drop in UK inflation to 3.2% last month has eliminated any lingering doubt about whether the Bank of England will
Read MoreUK inflation falls sharply to 3.2% amid slowdown in food price rises
Drop in November annual rate adds to case for Bank of England cut to interest rates on Thursday Analysis: Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty Business live – latest updates UK inflation fell by more than expected in November to
Read MoreRishi Sunak tells Covid inquiry he was worried about UK’s ability to fund itself
Reflecting on chaos of early pandemic, former chancellor said it was ‘acutely stressful’ to see rising interest bill on government bonds Rishi Sunak was concerned about the UK’s ability to fund itself in March 2020 after the government announced rescue measures costing tens of billions of pounds to
Read MoreHow many more times will the Bank of England rescue Rachel Reeves? | Richard Partington
The City expects a cut in interest rates on Thursday but the economic prospects for 2026 complicate the picture In the economic gloom of Labour’s first year in power, Rachel Reeves has had a reliable shred of comfort to cling to: five times since the general election, the
Read MoreUK firms pitch future technologies in first ever defence ‘Dragons’ Den’ event
Pioneering defence firms have pitched their innovations directly to major investors in a first-of-its-kind Dragons’ Den-style event, set up by the Ministry of Defence. HM GovernmentSource
Read MoreThe meaningful participation of women in UN policing is an operational necessity: UK statement at the UN Security Council
Statement by Ambassador Archie Young, UK Deputy Permanent Representative to the UN, at the UN Security Council meeting on UN Peacekeeping Operations: Police Commissioners. HM GovernmentSource
Read MorePM call with President Trump of the United States: 5 February 2026
The Prime Minister spoke with the President of the United States, Donald Trump today. HM GovernmentSource
Read MoreWhy the Bank of England is holding rates despite a weakening economy | Phillip Inman
Rising unemployment and falling inflation made a strong case for a cut but Andrew Bailey opted to wait and see Bank of England keeps interest rates on hold Business live – latest updates When unemployment is rising and inflation falling, the Bank of England would, under normal circumstances,
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