Bank of England may cut interest rates by 0.25% amid tariff tensions
Thursday, 8 May 2025 () The Bank of England is widely anticipated to cut its key interest rate to 4.25% amidst concerns over potential economic fallout from US tariffs. This decision, expected today, follows similar moves by the European Central Bank. Markets are keenly observing the central bank's communication for hints of further rate reductions.
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at...
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Chancellor Rachel Reeves has welcomed the cut to interest rates announced by the Bank of England. Interest rates have gone from 4.5% to 4.25%. Ms Reeves said: "We have had four interest rate cuts now..
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The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way split among policy-makers... Upworthy
The Bank of England cut interest rates on Thursday in a move likely to bring relief to borrowers, businesses and hard-pressed consumers across the country. The... Upworthy
The Bank of England has reduced interest rates to 4.25 percent. This decision follows worries about a global economic slowdown. The slowdown is due to trade... IndiaTimes