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Bank’s rate decision leaves frustrated Reeves praying for an August cut

Upworthy Thursday, 19 June 2025 ()
Lower interest rates will be a lever for growth but the Middle East conflict and rising food prices will have troubled MPC Bank of England keeps interest rates on hold Last week’s spending review revealed Rachel Reeves’s plan for reviving the UK’s struggling economy – but one of the most powerful…
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Chancellor welcomes interest rate cut [Video]

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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..

Credit: ODN     Duration: 00:30Published