And the Daily Mail hails the news as a “new era of stagflation” for Britain. The i paper writes Ms Reeves may have to raise ...

The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...

Red Wall Labour MPs need a Cabinet Minister to represent them amid "anger" about a southern bias in infrastructure spending ...

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

The Bank of England has cut interest rates to 4.5 per cent, but painted a gloomy picture for the UK economy by halving its ...

Abby Thomas, the chief executive and chief ombudsman of Britain's Financial Ombudsman Service, is stepping down after more than two years. The announcement comes amid increased pressure from finance ...

MILLIONS of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates. During today’s ...

US stocks rose on Thursday as investors digested company earnings and awaited e-commerce giant's Amazon (AMZN) results due ...

Almost two in five people have failed to scan at least one item when using self-checkouts, a survey has revealed. Also in Money today: Donald Trump's tariffs have wiped £200bn from the crypto markets ...

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.

The Bank of England has downgraded its growth forecast for the UK, warning that the economy will expand by just 0.75% this ...