India  

Bank of England cuts interest rate to 4%

Video Credit: ODN - Duration: 01:01s - Published
Bank of England cuts interest rate to 4%

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


You Might Like


💡 newsR Knowledge: Other News Mentions

Bank of England Bank of England Central bank of the United Kingdom

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
Govt: Water system is broken [Video]

Govt: Water system is broken

The system for regulating water companies should be overhauled and replaced with one body for England and one body for Wales, a landmark review of the sector has advised. The much-anticipated report from the Independent Water Commission, led by former Bank of England deputy governor Sir Jon Cunliffe, outlines 88 recommendations to the UK and Welsh governments. Water minister Emma Hardy says she cannot guarantee the government will implement all 88 recommendations. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 01:09Published

Andrew Bailey (banker) Andrew Bailey (banker) British central banker (born 1959)


Facebook Facebook Social networking service owned by Meta Platforms

Philp slams China's plans for 'super-embassy' in London [Video]

Philp slams China's plans for 'super-embassy' in London

Shadow Home Secretary Chris Philp says China's plans to build a new 'super-embassy' in London "should not be allowed to go ahead", adding it will "clearly be used as a centre for espionage activity". 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: 00:59Published
Migrants arrive at Dover amid first UK-France detention [Video]

Migrants arrive at Dover amid first UK-France detention

A number of migrants have arrived in Dover after being intercepted by the Border Force, as the government announces the first detention of migrants under the UK-France migrant returns deal. 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: 00:31Published
Rachel Reeves defends Rushanara Ali in rent row [Video]

Rachel Reeves defends Rushanara Ali in rent row

Chancellor Rachel Reeves has defended Rushanara Ali in a row over the homelessness minister increasing the rent on her East London property, saying she seems to have done "everything in accordance with the law". 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: 00:23Published

Related news from verified sources

Bank of England Cuts Interest Rate to Four Per cent, Lowest Since 2023

The Bank of England cut its main interest rate Thursday by a quarter percentage point to 4% to...
Breitbart - Published Also reported by •City A.M.WebProNewsUpworthyInvezzSky NewsIndiaTimes


New Barclays, Nationwide, Lloyds, HSBC rules after Thursday announcement

Barclays, HSBC and Nationwide are reducing their mortgage rates following the Bank of England's (BoE)...
Tamworth Herald - Published

Will housing market get an interest rate cut today?

Analysts and property market commentators are hoping for an interest rate cut when the Bank of...
Estate Agent Today - Published


Related videos from verified sources

Trump Lashes Out as Fed Keeps Interest Rates Unchanged —Conflict Threatens to Destabilize US Economy [Video]

Trump Lashes Out as Fed Keeps Interest Rates Unchanged —Conflict Threatens to Destabilize US Economy

In a dramatic showdown, President Trump demands urgent interest rate cuts to stimulate the struggling economy — but the Federal Reserve stands firm, leaving rates unchanged. This escalating conflict..

Credit: Oneindia     Duration: 03:49Published
UK unemployment rises for the fifth consecutive month to a four year high | Business Live [Video]

UK unemployment rises for the fifth consecutive month to a four year high | Business Live

Join Darren McCaffrey as the UK's unemployment rate has risen to a four-year high, in a surprise deterioration that boosts the case for a Bank of England interest rate cut.

Credit: RumblePublished