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Bank of England cuts base rate
Bank of England cuts main interest rate by a quarter-point to 4.75% after UK inflation falls
The Bank of England has cut its main interest rate by a quarter of a percentage point after inflation across the U.K. fell below its target rate of 2%.
Live: Bank of England cuts interest rates to 4.75%
The outcome of the Monetary Policy Committee meeting was announced at midday today. Stay up to date with live reporting and analysis from the team at MoneyWeek.
Bank Of England Cuts Interest Rate As Inflation Slows
The Bank of England on Thursday said it was cutting its key interest further after UK inflation hit a three-year low and signalled more reductions, easing pressure on borrowers.
2d
on MSN
Bank of England slashes interest rate by 25 basis points to 4.75%, as expected
The
Bank
of England
reduced its benchmark interest
rate
by 25 basis points to 4.75% on Thursday, as expected. The ...
21m
The Budget has just made the Bank of England’s job even harder
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