Bank of England Cuts Interest Rate to Four Per cent, Lowest Since 2023
Thursday, 7 August 2025 () The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4% to bolster the sluggish UK economy.
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
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Thursday, 7 August 2025 ()
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