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Interest rates held for seventh time in a row

Sky News Thursday, 20 June 2024
The Bank of England has held interest rates at 5.25% for the seventh time in a row.
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News video: New US Home Construction Sinks to Slowest Pace in 4 Years

New US Home Construction Sinks to Slowest Pace in 4 Years 01:30

New US Home Construction , Sinks to Slowest Pace in 4 Years. Government data released on June 20 indicates that new home construction in America dropped in May to the slowest pace since June 2020, Yahoo Finance reports. . Housing starts dropped 5.5%, and building permits dipped 3.8%. Home...

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Bank of England Bank of England Central bank of the United Kingdom

Starmer has a battle on his hands - but when it's green v growth, there's only one winner

Keir Starmer was touring the UK National Nuclear Laboratory in Preston when the Bank of England halved its 2025 growth forecast, cut interest rates for the third..
Sky News
Bank of England cuts interest rates to 4.5% [Video]

Bank of England cuts interest rates to 4.5%

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 follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:46Published

Interest rate cut - but economic growth forecast slashed in blow to chancellor

The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%.
Sky News

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