Cutting winter fuel payments was supposed to prove Labour could be trusted with the public finances and show markets that Sir ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

Hundreds of billions of pounds of so-called quantitative easing (QE) during the financial crisis skewed this perception as ...

The Bank of England on Thursday lowered its interest rates for the second time this year as the U.K. central bank responds to cooling inflation and signs of a slowing economy. The 5-to-4 decision ...

However, more pound weakness could be seen in 2026, as the Fed concludes its easing cycle and the U.S. economy recovers. The Bank of England (BoE) delivered a widely anticipated 25 bps rate cut at ...

The Bank of England is anticipated to cut interest rates, likely by a quarter-point to 4.25%, despite near-term inflation concerns. This decision is largely influenced by potential economic shocks ...

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

Mortgage payments will fall for many homeowners after the Bank of England cut interest rates, but inflation is set to rise while US tariffs mean Britain’s economy will grow more slowly.

The Bank of England has taken the decision to reduce interest rates. At its meeting ending on 7 May 2025, the Monetary Policy Committee (MPC) voted by a majority of five to four to reduce Bank Rate by ...

At the post-rate decision press conference, Bank of England Gov. Andrew Bailey said he didn't know what is in the U.S.-U.K. trade deal to be announced later on Thursday. "We haven't been briefed ...

LONDON (AP) — The Bank of England cut its main interest rate by a quarter of a percentage point to 4.25% amid concerns over the potential shock to global growth emanating from the tariff ...