Bank Of England Interest Rates

The Bank of England met on Thursday, and, as expected, the central bank lowered its key interest rate for the first time in seven years to 0.25 percent from 0.5 percent. The vote to lower rates was unanimous across all nine officials, and the majority of officials expect to implement another rate...

The Bank of England will gather on Thursday and experts predict the central bank will implement its first interest rate reduction in seven years. The country's central bank gathered in July and held off on raising interest rates at the time. Since then, the central bank said it needs to see...