Economists predict the Bank will keep rates at 0.25% after they were cut to a record low in August in a post-Brexit stimulus package.Read the full story ›
A survey for ITV's Tonight programme has revealed financial worries at the forefront in the midst of a looming saving crisis.Read the full story ›
Ross McEwan's comments come after the Bank of England cut its interest rate to a record low of 0.25%.Read the full story ›
Former Chancellor George Osborne has tweeted his approval for the Bank of England's (BoE) decision to cut interest rates and introduce other measures to support the UK's post-Brexit economy.
Osborne, who has been recognised for his work at the Treasury by former Prime Minister David Cameron with a Companion of Honour, called the BoE's announcement a "triple whammy".
BoE right to use triple whammy of lower official rates, QE & funding scheme to support demand.But only a temporary answer as economy adjusts
Must be matched by permanent supply side reform:lower biz taxes, free trade with EU & unambiguous message we're open to overseas investment.
A look at what high street operators plan to do now that the the UK's interest rates have been cut to a record low of 0.25%.Read the full story ›
Mark Carney tells ITV News' Economics Editor Noreena Hertz the UK economy will continue to face a period of uncertainty following Brexit.Read the full story ›
High Street banks have "no excuse" not to pass on the Bank of England's cut to a record low 0.25% base interest rate to their customers, Governor Mark Carney has said.
Responding to a question from ITV News Economics Editor Noreena Hertz, Mr Carney also explained why he was "not a fan of negative interest rates".
The Bank of England's emergency £170 billion package of measures is a "timely, coherent and comprehensive" after Brexit, Governor Mark Carney has said.
Mr Carney said the package to prevent a recession met "the need for (economic) stimulus now" and is "appropriately sized" for the market shock of Britain's exit.
He said all the measures can be increased.
ITV News Business Editor Joel Hills said the Bank estimates growth will be 2.5% lower in the coming years because of Brexit.
No recession but growth will be 2.5% lower over next three years. @bankofengland assessment of economic price of vote to leave the EU.