News

Bank of England cuts rates to 4.25% as it sees tariff hit to growth
The Bank of England cut interest rates on Thursday to tackle the expected hit from U.S. President Donald Trump's tariffs but ...
Bank lowers interest rates and hints at more cuts to come
The theory behind increasing interest rates to tackle inflation is that by making borrowing more expensive, more people will ...
London Evening Standard8d
Interest rates: Why have they been cut and what does it mean?
The Bank of England’s Monetary Policy Committee (MPC) reduced the base interest rate by 0.25 percentage points, to 4.5%. It is the fourth time interest rates have been cut over the past year ...
Bank of England cuts interest rates to 4.25%, as governor welcomes US tariff deal news
The Bank also forecast a significant slowing of the US economy hit by its own tariffs. The Bank also said the impact of the ...