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Bank Of England Cuts Interest Rate

Bank of England cuts interest rates to 4.75%, in second reduction this year

Chancellor Rachel Reeves welcomes the cut, but says she is "under no illusion about the scale of the challenge facing households".

CNBC on MSN · 18m

Bank of England looks set to cut rates four times in 2025, economist says

Kallum Pickering, chief economist at Peel Hunt, weighs in on the likely course for U.K. interest rates, saying the Bank of England looks set to cut by a total of 100 basis points in 2025.

The New York Times · 15h

Bank of England Cuts Interest Rates, but Signals Stickier Inflation

The central bank said that future cuts would be gradual amid higher inflation forecasts after the new government introduced spending and tax increases in its budget.

12hon MSN

Bank of England cuts rates but sees higher inflation after Reeves's budget

The Bank of England cut interest rates on Thursday for only the second time since 2020 and said future reductions were likely ...

14hon MSN

Federal Reserve follows Bank of England with interest rate cut, with ‘uncertain’ economic outlook – business live

BoE says the higher bus fare cap and adding VAT to private school fees will push up UK inflation. 20:17 Q: ...

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