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 ...

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.

Rachel Reeves hit by gloomy UK growth forecast despite interest rate cut to 4.5% - The Bank of England has cut interest rates ...

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 ...

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 ...