Thu, Nov 07, 2024
Bank of England (BoE), the UK's central bank, on Thursday cut its key lending rate by 25 basis points, or 0.25 per cent percentage point.
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Thu, Aug 01, 2024
Economists are divided as to whether the Bank of England, which is independent of government, will cut its main interest rate by a quarter-point from the current 16-year high of 5.25%, or hold off until September.
Thu, Jun 20, 2024
The Bank of England on Thursday kept its main interest rate at a 16-year high of 5.25 per cent, even though inflation has fallen to its target of 2 per cent.
Thu, Jul 14, 2016
Asian shares were seen near an eight-month high on Thursday on the back of strong investor hopes over Bank of England rate cuts in a move to prevent recession.
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