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Bank of England expected to cut UK interest rates today as trade war threatens economy – business live

Upworthy Thursday, 8 May 2025 ()
Rolling coverage of the latest economic and financial news Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy Trump expected to announce framework of UK trade agreement, sources say Donald Trump’s “major trade deal” announcement later today (3pm UK time) will be…
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Video Credit: ODN - Published
News video: Chancellor welcomes interest rate cut

Chancellor welcomes interest rate cut 00:30

 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 in ten months. It's so important that this government has returned stability to the economy." Report...

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