The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living ...

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 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.

Abby Thomas has stepped down as head of the Financial Ombudsman Service The head of a leading consumer watchdog has been ...

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, ...

Work and Pensions Secretary Liz Kendall told ITV News' Anushka Asthana the number of people saying they can't work when they ...

Abby Thomas, the chief executive and chief ombudsman of Britain's Financial Ombudsman Service, is stepping down after more than two years. The announcement comes amid increased pressure from finance ...

The value of the pound dropped sharply after the Bank of England announced a cut to interest rates in a new blow for ...

Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...

Oxford and Cambridge have some big strengths. The two university cities outstrip most other innovation clusters on scientific ...

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

The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the ...