The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The bank now predicts that the British economy will only grow by 0.75% this year, ...

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Rachel Reeves given ultimatum over 'putrid' downgrade to economy

Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its predictions for the year and said there would be an inflation spike in the ...

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Fury at Labour as BoE cuts interest rates in desperate bid to revive economy - halving growth forecast in wake of disastrous Budget

The Monetary Policy Committee reduced the level from 4.75 per cent to 4.5 per cent - the lowest in more than 18 months .

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Starmer defends economic outlook following Bank of England's warning on inflation

The Prime Minister also welcomed the latest cut to interest rates and said it was "significant" as it was the third cut since Labour took power.

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Five vital Bank of England charts as UK growth is downgraded and inflation is forecast to rise

The Bank of England's Monetary Policy Committee has posted a 78-page report outlining its musings on the future for inflation and the economy ...

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