uk-economy
UK to Give Financial Incentives to Households Near New Electricity Pylons
HeadlinesUK Homelessness Minister Resigns Over Rent Hike Claims
FTSE 100 Slips After BoE Rate Decision, Mixed Earnings Weigh on Sentiment
Bank of England Sees Bigger Qt Impact on Gilt Yields
Instant View: Divided Bank of England Cuts Rates, Pound Jumps
Date: August 7, 2025
LONDON (Reuters) -The Bank of England (BoE) on Thursday lowered UK interest rates by a quarter point, marking its fifth cut in 12 months, although nearly half of its policymakers voted to keep...
Bank of England Cuts Rates to 4% After Narrow 5-4 Vote
Date: August 7, 2025
By William Schomberg, David Milliken and Suban Abdulla LONDON (Reuters) -The Bank of England cut interest rates on Thursday but four of its nine policymakers - worried about high inflation - sought to...
Bank of England Policymakers Speak on Rate Cut Following Narrow Vote
Date: August 7, 2025
LONDON (Reuters) -The Bank of England cut interest rates to 4% from 4.25% on Thursday but four of its nine policymakers - worried about high inflation - sought to keep borrowing costs on hold. Here's...
BoE's Bailey Says Consumers Have Been More Cautious Than Expected
Date: August 7, 2025
LONDON (Reuters) -Bank of England Governor Andrew Bailey said consumers have been more cautious than policymakers had expected, speaking after the bank cut interest rates to 4% from 4.25% on Thursday....
BoE's Bailey Says Important Not to Cut Rates 'too Quickly or by Too Much'
Date: August 7, 2025
LONDON (Reuters) -Bank of England Governor Andrew Bailey said it was important that interest rates were not lowered "too quickly or by too much" after the bank cut rates to 4% from 4.25% on Thursday...
UK's Morgan Advanced Materials Plunges on Profit Warning
Date: August 7, 2025
(Reuters) -Shares of Morgan Advanced Materials tumbled as much as 25% on Thursday after the British chip parts supplier forecast annual profit to be around the lower end of market expectations, and...