Bank Of England Set To Cut Rate
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The Bank of England expected to cut rates to 3.75%, offering relief for borrowers and impacting the UK economy.
UK unemployment climbed to its highest level in almost five years and wage growth eased as a cooling labor market appeared to clear one of the final hurdles to a pre-Christmas interest-rate cut by the Bank of England.
Former British Prime Minister Liz Truss claimed the Bank of England sabotaged her 49-day tenure in 2022, revealing details in an exclusive Fox News Digital interview.
Coverage of the Treasury select committee session on the recent Bank of England monetary policy reports on interest rates and inflation, from Tuesday 9 December.
A CryptoUK spokesperson told Decrypt the proposed restrictions “risk undermining the UK’s ambition to lead in digital finance.”
Public spending watchdog says the Bank of England’s core system replacement project offers lessons to other government departments.
Bank of England Governor Andrew Bailey said eliminating interest rate risk from the public sector was a key goal of its efforts to shrink its balance sheet, in an interview broadcast on Thursday.
The annual inflation rate in the UK decreased to 3.2% in November 2025 from 3.6% in October 2025, and below expectations of 3.5%. ETFs: (NYSEARCA:FXB), (NYSEARCA:EWU), (NASDAQ:FKU), (BATS:EWUS), (NYSEARCA:FLGB) Currency: (GBP:USD) More on UK: EWU: British Stock's Global Nature Helps Them Out-Perform The British Economy U.