Bank Of England Interest Rate

• 

  Bank Of England Holds Key Interest Rate At 5.25% After 14 Hikes

  The Bank of England on Thursday held interest rates at 5.25 percent following a shock slowdown to UK inflation and one day after the US Federal Reserve also pressed pause.

• 

  Bank Of England Hikes Interest Rate By 25 Basis Points Despite Banking Upheaval

  The Bank of England today hiked its interest rate for the eleventh time in a row, as policymakers seek to tackle soaring inflation despite turmoil in the banking sector.

• 

  Bank Of England Raises Interest Rate Tenth Time In Row, Up To 4%

  The central bank's Monetary Policy Committee voted at a regular meeting to lift its key interest rate by a half-point to 4.0 percent, the highest level since late 2008.

• 

  Bank of England Raise Rates To 3.5% In 9th Hike In A Row

  The increase was the BoE's ninth in a row, while the amount matches a hike Wednesday by the US Federal Reserve.

• 

  UK Faces 2-Year Recession, Warns Central Bank, Announces Huge Rate Hike

  The Bank of England on Thursday announced its biggest interest rate hike since 1989 to combat sky-high inflation that it warned was pushing Britain into a recession set to last until mid-2024.

• 

  Bank of England Delivers Biggest Interest Rate Hike In 30 Years

  The Bank of England hiked its Bank rate by 0.75 percentage points to 3 per cent, the single biggest increase in more than three decades.

• 

  Challenging Winter Ahead For UK As Bank Of England Forecasts Lengthy Recession

  Britain will sink into a lengthy recession later this year as inflation rockets even higher, the Bank of England forecast Thursday as it unveiled the biggest interest rate hike since 1995.

• 

  How Rising Interest Rates Impact Global Economy? Read On To Know More, Here

  Inflation has reached its highest levels in over 40 years in the US and Europe, which has forced central banks there to hike interest rates

• 

  Sensex Rises Over 200 Points, Nifty Crosses 11,550; Pharma Stocks Jump

  In contrast to the US central bank, the Bank of England made clear overnight that it is open to further aggressive easing and is looking closely at taking interest rates negative.

• 

  UK Pledges $39 Billion to Protect Economy From Coronavirus

  Britain unveiled a 30 billion pound ($39 billion) economic stimulus plan on Wednesday to tackle the risk of a coronavirus recession, just hours after the Bank of England slashed interest rates in a double-barrelled response to the crisis. Prime Minister Boris Johnson's finance minister, Rishi Sunak, announced the plan as part of a debt-fuelled inve...

• 

  Britain Fires With Both Barrels: Emergency Rate Cut And Budget Boost

  The Bank of England slashed interest rates by half a percentage point on Wednesday and announced support for bank lending.

• 

  British Finance Minister Rishi Sunak To Pledge More Help To Fight Coronavirus

  Britain's new finance minister Rishi Sunak will pledge billions of pounds to fight the impact of the coronavirus outbreak after the Bank of England slashed interest rates on Wednesday in a choreographed double-barrelled stimulus package to stave off the risk of a new recession.

• 

  Bank Of England's Deputy Governor Ramsden Sees Case To Raise Rates Soon

  Bank of England's Dave Ramsden was one of two policymakers who opposed the BoE's decision in November to raise interest rates for the first time in a decade, but appears to have shifted his stance

• 

  Bank Of England Sees Brexit Impact On Jobs, Investment

  British investment and employment are likely to be flat over the coming year because of the June vote to leave the European Union, according to a Bank of England survey of businesses that leaves it on track to cut interest rates again this year.

• 

  Wall Street Flat After Bank Of England Rate Cut, Weak Data

  Wall Street opened little changed on Thursday after the Bank of England cut interest rates and a report showed a more-than-expected rise in weekly unemployment benefits claims in the US.