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Bank of England votes to cut interest rates to 4.5pc

Wales Online Thursday, 6 February 2025
Bank of England votes to cut interest rates to 4.5pcGovernor Andrew Bailey said the cut will be “welcome news to many”
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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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