Bank of England cuts interest rate from 4.25% to 4% Source link

Rachel ClunBusiness reporter, BBC NewsGetty ImagesChanges to the Bank of England's base rate can affect mortgage and savings ratesThe Bank of England has cut UK interest rates from 4.25%...

A forecast is just a forecast, but the significance of today's pessimistic analysis by the National Institute of Economic and Social Research (Niesr)is that it does reflect scenarios being...

Natalie Sherman & Jake HortonBBC VerifyBBCPresident Donald Trump has fired the head of the US Bureau of Labor Statistics (BLS) after the department revised down recent job numbers by...

Jonathan MorrisBBC News, South WestMartha DixonBBC News South WestBBCLilie Sampson, 26, from Newquay, said she always worked as a teenagerThe Cornish summer job, a rite of passage for many...

The UK government is considering having the public finances formally assessed only once a year following a suggestion from the International Monetary Fund (IMF).The global economic watchdog said the...

The US Federal Reserve has held interest rates steady for the fifth-straight time, despite pressure from President Donald Trump to lower them. Chairman Jerome Powell announced the unchanged rates...

BBCPrices in the UK rose by 3.6% in the 12 months to June, driven by increases in the cost of food and fuel. It means inflation remains above the...

Kevin PeacheyCost of living correspondentBBCThe Bank of England is widely expected to cut interest rates when it meets on 7 August. It held rates at 4.25% at the last...

Getty ImagesA sharp drop in imports triggered by President Donald Trump's tariff policy helped boost US economic growth between April and June, according to the latest figures.The world's largest...

Bloomberg/Getty ImagesTwo of America's largest railroad companies are set to combine in an $85bn (£63.8bn) deal that would create the first firm with a coast-to-coast freight rail network in...

BBCDonald Trump has struck an agreement with the European Union that means the US will not impose the 30% tariffs - export taxes - on EU imports that the...