LONDON, Jan. 3 (UPI) -- The Bank of England may soon cut interest rates on savings accounts to their lowest in its 315 years of operation due to the economy, experts say.
LONDON, Dec. 5 (UPI) -- Banks overcharging borrowers on mortgages should cut back the rates immediately, British Prime Minister Gordon Brown said Friday.
LONDON, Dec. 4 (UPI) -- Central banks in Britain and Sweden cut their key interest rates to 2 percent Thursday to provide liquidity to financial markets.
LONDON, Dec. 3 (UPI) -- European financial markets were braced for large interest rate cuts across the continent in the wake of more bad economic news.
LONDON, Nov. 18 (UPI) -- Inflation in Britain fell in October by the biggest margin since 1997, possibly signaling a central bank lending rate cut in December, an economist said.
PARIS, Nov. 7 (UPI) -- French Finance Minister Christine Lagarde said the European Central Bank's lending rate cut this week wasn't good enough.
LONDON, Nov. 6 (UPI) -- A major British bank said it would pass on the full lending rate cut announced by the Bank of England Thursday to its customers.
LONDON, Oct. 31 (UPI) -- Half of Britain's banks failed to lower interest rates on adjustable rate mortgages after the Bank of England cut its rate Oct. 8, a research group said.
WASHINGTON, Oct. 28 (UPI) -- Authorities at central banks in Europe and the United States have indicated that lending rate cuts to support the battered global economy may be coming soon.
WASHINGTON, Oct. 8 (UPI) -- Central banks in Europe, Canada and the United States cut key lending rates in tandem Wednesday morning, the U.S. Federal Reserve announced.
LONDON, Sept. 4 (UPI) -- The Bank of England said Thursday it would keep its key interest rate at 5 percent, leaving the rate unchanged for the fourth consecutive month.
LONDON, Aug. 7 (UPI) -- The Bank of England said Thursday it would keep its key interest rate at 5 percent.
LONDON, July 10 (UPI) -- The Bank of England said Thursday it would keep its key interest rate at 5 percent.
LONDON, May 1 (UPI) -- Bank of England officials have signaled that further cuts in its key lending rate -- now at 5 percent -- are unlikely next week, various analysts said.
LONDON, April 21 (UPI) -- The Bank of England, looking to shore up the country's banks, announced a $100 billion exchange of government bonds for mortgage-backed securities Monday.