This marks the first repo rate cut in nearly five years and will likely lead to a fall in interest rates and equated monthly instalments (EMIs) on home and personal loans. In a unanimous decision, the ...

Green labeled this a policy failure, stating that the BoE has found itself in a predicament where it's too apprehensive to significantly cut rates due to ongoing inflation worries. At the same ...

The uplift came even as Morningstar cut its fair value price estimate for the group on concerns that veteran fund manager Gerald Stack’s exit could see investors pull around $8 billion from its ...