WEATHER ALERT
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
Read full article: Bank of England halves UK growth projection and cuts main interest rate to 4.50%The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate for the third time in six months.
Bank of England keeps main interest rate on hold at 4.75% after inflation spike
Read full article: Bank of England keeps main interest rate on hold at 4.75% after inflation spikeThe U.K.’s central bank is keeping interest rates on hold as inflation moves further above its target rate, even though the British economy is flatlining at best.