Bank of England cuts interest rates for first time in four years
Thursday, 1 August 2024 () In a closely contested decision, the Bank of England has cut interest rates for the first time in over four years, providing a potential boost to the Labour government’s efforts to stimulate economic growth. The Monetary Policy Committee (MPC) voted five to four on Thursday to reduce the bank’s key rate by a quarter of […]
The Bank of England has cut interest rates to 5% at its August Monetary Policy Committee meeting, the first reduction of the UK’s base rate in four years. Responding to the cut, Chancellor of the Exchequer Rachel Reeves said: “Homeowners will welcome this cut in interest rates, but I know that...
In our final video covering Euro 2024, Adam Clery looks back over the tactical evolution of Gareth Southgate's side over the last 8 years. How he so quickly built the national team's first real..
In 2004, the reborn Bugatti brand transformed the world of automotive performance and luxury with a 1,001 hp hyper sports car: the Veyron. The first road car with more than 1,000 hp was succeeded in..
Russia’s central bank raised its key interest rate Friday, despite warnings against such a move from some business elites within the country. Veuer’s Matt Hoffman reports.
Thursday, 1 August 2024 ()
In a closely contested decision, the Bank of England has cut interest rates for the first time in over four years, providing a potential boost to the Labour government’s efforts to stimulate economic growth. The Monetary Policy Committee (MPC) voted five to four on Thursday to reduce the bank’s key rate by a quarter of […]
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