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Alert: Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates

SeattlePI.com Thursday, 6 February 2025
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates.
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News video: Bank of England cuts interest rates to 4.5%

Bank of England cuts interest rates to 4.5% 00:46

The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and...

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