The Bank of England has cut interest rates by one percentage point, from 3% to 2% - the lowest level since 1951. The move, which followed a dramatic cut in November,...

The pound has touched another all-time low against the euro, driven by the Bank of England cutting UK interest rates as had been widely expected. One pound was worth...

The contracting home loans market will shrink even further because credit conditions are expected to deteriorate in the next three months, the Bank of England warned...