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Bank of England reveals interest rate cut to 4.25%

Sky News Thursday, 8 May 2025
The Bank of England has revealed a quarter point interest rate cut, taking it to 4.25% amid global economic turmoil caused by the US trade war.
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Video Credit: ODN - Published
News video: Bank of England cuts interest rates to 4.25%

Bank of England cuts interest rates to 4.25% 00:32

 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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Bailey: Interest rate cut was a finely balanced decision [Video]

Bailey: Interest rate cut was a finely balanced decision

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

Credit: ODN    Duration: 00:55Published
Bailey: Uncertainty about path of future interest rates [Video]

Bailey: Uncertainty about path of future interest rates

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

Credit: ODN    Duration: 00:55Published
Bank of England cuts interest rate to 4% [Video]

Bank of England cuts interest rate to 4%

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

Credit: ODN    Duration: 01:01Published

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