The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an increasing number of companies plan to let workers go when national insurance contributions rise next...
Businesses have cut jobs at the fastest pace in almost four years, according to a closely-watched Bank of England survey which also paints a worrying picture for.. Sky News
Bank of England governor Andrew Bailey says cutting the interest rate from 4.25% to 4% was a "finely balanced decision". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England governor Andrew Bailey says there is "genuine uncertainty about the course of the direction" of interest rates, despite today's cut and his belief that the path will continue downwards. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England governor Andrew Bailey announces an interest rate cut from 4.25% to 4%, adding that inflation is expected to hit 4% in September. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England expected to pause rate cuts despite contracting output
Policymakers find themselves in a tight spot ahead of Thursdayβs rate decision, with growth remaining sluggish and inflation..
Credit: euronews (in English) Duration: 04:34Published
Thursday, 20 March 2025
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![Bailey: Uncertainty about path of future interest rates [Video]](https://video.newsserve.net/300/v/20250807/1418872204-Bailey-Uncertainty-about-path-of-future-interest-rates.jpg)
![Bank of England cuts interest rate to 4% [Video]](https://video.newsserve.net/300/v/20250807/1418868092-Bank-of-England-cuts-interest-rate-to.jpg)
![Bank of England expected to pause rate cuts despite contracting output [Video]](https://video.newsserve.net/300/v/20250318/1405379250-Bank-of-England-expected-to-pause-rate-cuts.jpg)
