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News

Bank of England cuts rate

BBC · 21h
Bank of England cuts interest rates to 4%, the lowest level in two years
Governor Andrew Bailey tells the BBC he expects rates to continue falling, but “the course is a bit more uncertain”.
The Wall Street Journal · 17h
Bank of England Cuts Rates After Tight Vote
The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.
CNBC on MSN · 1d
Bank of England narrowly votes to cut interest rates to 4% as balancing act continues
The nine-member MPC voted by a majority of 5–4 to reduce the key interest rate, the "Bank Rate," by 25 basis points rather than keeping it on hold. The voting is a reflection of the "finely balanced situation" the MPC currently faces in terms of the factors driving monetary policy,
1don MSN
Bank of England Cuts Interest Rates to 4% — Is This the Calm Before the Storm?
The Bank of England has cut interest rates to 4% for the first time since 2023, signalling relief for borrowers but ...
2d
Bank of England's long unwinding road
An expected cut that will take the Bank of England's key interest rate to 4% this week will be merciful relief for an economy ...

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