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The Bank of England has reduced interest rates after seven members of the central bank’s nine-strong Monetary Policy Committee (MPC) voted to reduce the base rate from 4.75 per cent to 4.5 per cent.
The Bank of England cut interest rates on Thursday in a move likely to bring relief to borrowers, businesses and hard-pressed consumers across the country. The central bank reduced its key ...
The central bank left its main interest rate unchanged at 4.75%, but policymakers were divided over whether rate cuts were needed to tackle a slowing economy.
Bank of England to Keep Cutting Rates But How Far, Fast Is Unclear, Bailey Says. The pace of cuts remains shrouded in a lot of uncertainty, he said. By Joshua Kirby. June 3, 2025 6:33 am ET | WSJ Pro.
LONDON (AP) — The Bank of England warned Thursday about the “highly unpredictable” geopolitical environment as it kept its main interest rate unchanged at the two-year low of 4.25%.
The Bank of England looks likely to cut interest rates next week, when it could also nudge investors to expect faster reductions than they currently predict as the economy flatlines.
The Bank of England has cut its main interest rate by a quarter of a percentage point, citing lower UK inflation. The move, which had been widely expected, brings the main cost of borrowing in ...
The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain and an unexpected slowdown in inflation. But it warned that ...
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