GDP grew by 0.6% in the second quarter of this year.
Related topic: Interest rates
The Bank's Monetary Policy Committee has reduced rates for the first time since 2020.
UK CPI held steady at 2%, but the ongoing 'stickiness' of services inflation could give cause for concern at the Bank of England.
GDP growth was higher than the 0.2% predicted for May.
The Bank's Monetary Policy Committee has held rates for a seventh consecutive time.
The Bank's Monetary Policy Committee has held rates for a sixth consecutive time.
Pill said the MPC "needs to maintain restrictiveness in its monetary policy stance".
Steve Cox, chief commercial officer at Fleet Mortgages, explores the future path of Bank Rate and why he feels we are going to move into ‘big deal’ territory over the next...
The Bank's Monetary Policy Committee has held rates for a fifth consecutive time.
Swati called for a reduction in Bank Rate of 0.25 percentage points - the first vote for a cut since the pandemic started almost four years ago.
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