The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell...

Interest rates were cut to 4.75% but the Bank expects inflation to creep higher after last week's Budget.

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals...

The Reserve Bank was forced to adjust its expectations due to ‘higher than expected’ Government spending, casting shadows around Jim Chalmers’...

The Reserve Bank was forced to adjust its expectations due to ‘higher than expected’ Government spending, casting shadows around Jim Chalmers’...

The Federal Reserve has cut its key interest rate by a quarter-point in response to the steady decline in inflation.

UK inflation falling below its 2% target has meant that policymakers have been able to cut rates to the lowest level since June last year.

Russia's central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to stem growing inflation as...

US rate cut follows move earlier by Bank of England which signals that further reduction is unlikely before next year

By Anna Wise, PA Business Reporter UK interest rates have been cut for the second time this year, as the Bank of England forecast a “gradual”...