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interest rates

  • Bank of England Live: Bailey refuses to confirm if Budget influenced rates decision

    November 6, 2025

    Welcome back to the City AM liveblog. Andrew Bailey has refused to confirm whether the upcoming Budget and Rachel Reeves’ recent comments influenced his decision on interest rates.  The Bank of England has held interest rates at four per cent in its final decision before the Autumn Budget. The Bank’s Monetary Policy Committee (MPC) voted [...]

  • The Bank of England must cut rates today

    November 6, 2025

    The Bank should cut rates by 25 basis points today to prevent stagnation becoming entrenched, says Damian Pudner On Thursday, the Bank of England will announce its latest decision on interest rates. Less than three weeks later, on 26 November, the Chancellor will deliver her second tax-raising Budget, despite promising that last year’s would be [...]

  • Andrew Bailey: Bank of England Governor to have ‘deciding vote’ on interest rates

    November 5, 2025

    Bank of England Governor Andrew Bailey is set to have the deciding vote on whether to slash interest rates by 25 basis points, analysts have said.  The Bank is expected to keep interest rates on hold at four per cent but several analysts have said the decision is on a knife-edge, with four Monetary Policy [...]

  • Cut interest rates by 25 basis points, Shadow MPC says

    November 5, 2025

    Top economists on City AM’s Shadow Monetary Policy Committee (MPC) have called for interest rates to be cut to 3.75 per cent in a narrow 5-4 vote. Economists from academia, business and City giants have said that the UK’s weakening demand and easing price pressures suggested the Bank of England should look to cut interest [...]

  • Bank of England expected to hold interest rates in tight decision

    November 4, 2025

    The Bank of England is expected to hold interest rates at four per cent despite some City forecasters suggesting that the votes of the Monetary Policy Committee (MPC) could tilt towards a 25 basis point cut.  City traders believe the Bank will keep interest rates on hold to curb high inflation, which is nearly double [...]

  • Motor finance, Madoff fraud, tax fears – bank shares defy the noise

    October 31, 2025

    A motor finance battle, hefty impairment charges and the shadow of 2008 all cast over banks third-quarter results but beneath the fog investors are rewarding the FTSE 100’s top lenders for another bumper quarter. The FTSE 350 banks index has risen nearly four per cent this month and is up 17 per cent for the [...]

  • HSBC shares rise as Georges Elhedery’s pivot East beats the noise

    October 28, 2025

    HSBC’s pass through the third quarter was almost identical to the second. Despite another hefty hit to the firm’s bottom line, chief executive Georges Elhedery has quietly and effectively pushed ahead with his bold overhaul of the group. For the three months to September 30, HSBC took a 14 per cent profit beat falling to [...]

  • Gilt yields drop as Reeves crosses fingers to reap benefits

    October 22, 2025

    Gilt yields have fallen as investors breathed a sign of relief after inflation came in below economist expectations, with top analysts claiming an interest rate cut this year is “very much in play” while adding that Rachel Reeves could be in luck.  Gilts, the name for UK government bonds, have regained momentum in the UK [...]

  • Bank of England should cut interest rates at ‘more cautious pace’, Huw Pill urges

    October 17, 2025

    The Bank of England’s chief economist Huw Pill has renewed calls for interest rates to be cut at a “more cautious pace” in the next year, adding to the likelihood that Bank Rate may be held at four per cent for the foreseeable future.  In a speech delivered on Friday, Pill said efforts to lower [...]

  • Bank of England’s Taylor: High rates could push UK into recession

    October 14, 2025

    The UK risks heading into a recession that will be “difficult to contain” if interest rates are kept on hold into next year, a Bank of England rate-setter has said in a speech that has further exposed widening splits between policymakers over the best path for borrowing costs. In a set of dovish comments made [...]

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