Interest rate cut for only second time in more than four years

Thursday, 7 November 2024

Interest rate cut for only second time in more than four years

The Bank of England has cut the interest rate to 4.75%.

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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 1 day ago

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 on January 1, 1970

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 2 days ago

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