Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK chancellor Rachel Reeves, the BoE said it now expected the economy to grow by 0.75 per cent this year, half its November forecast of 1.5 per cent.
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The Mirror will be posting regular live updates ahead of the latest Bank of England interest rates decision, which is due at ...
The interest rate cut is a step in the right direction, but small businesses are facing so many pressures that they will ...
Analysis of Google search data has revealed that searches for ‘remortgage’ are expected to see a significant increase ...
Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday ...
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