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UK interest rates fall to 4.25% as Bank of England announces a quarter-point cut

Upworthy Thursday, 8 May 2025 ()
Bank of England policymakers have cut interest rates by a quarter point to 4.25% to cushion the UK economy against the impact of rising economic uncertainty. The widely expected move from the Bank’s monetary policy committee (MPC), its fourth cut since last August, also carried a warning that the…
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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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