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 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.

Abby Thomas has stepped down as head of the Financial Ombudsman Service The head of a leading consumer watchdog has been ...

The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...

Work and Pensions Secretary Liz Kendall told ITV News' Anushka Asthana the number of people saying they can't work when they ...

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 ...

The value of the pound dropped sharply after the Bank of England announced a cut to interest rates in a new blow for ...

Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...

Abby Thomas has stepped down following criticism over the ombudsman service’s role in the motor finance commission scandal.

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

The rising cost of support for people with long-term health conditions — set to rise to a staggering £100bn by 2029-30 in cash terms on current projections — has become a huge source of pressure on ...

Chancellor Rachel Reeves has visited Doncaster to address business leaders and meet with the city’s mayor Ros Jones to ...