Bank of England reveals interest rate cut to 4.25%
Thursday, 8 May 2025 () The Bank of England has cut interest rates from 4.5% to 4.25%, citing Donald Trump’s trade war as one of the key reasons for the reduction in borrowing costs.
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..
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused..
The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an..
The GBP/USD exchange rate has formed a giant cup and handle pattern, pointing to a strong British pound surge in the near term. The pair traded at 1.3355 on... Invezz Also reported by •Sky News •City A.M. •Tamworth Herald
The Bank of England is widely anticipated to cut its key interest rate to 4.25% amidst concerns over potential economic fallout from US tariffs. This decision,... IndiaTimes Also reported by •Upworthy •City A.M. •Invezz
Thursday, 8 May 2025 ()
![Chancellor welcomes interest rate cut [Video]](https://video.newsserve.net/300/v/20250508/1410218508-Chancellor-welcomes-interest-rate-cut.jpg)
![Trump Erupts in Fury at Fed Chair Powell, Demands His Termination Over ‘Complete Mess’ Reports [Video]](https://video.newsserve.net/300/v/20250417/1408354566-Trump-Erupts-in-Fury-at-Fed-Chair-Powell.jpg)
![Bank of England: NI rise could see companies shed workers [Video]](https://video.newsserve.net/300/v/20250320/1405707208-Bank-of-England-NI-rise-could-see-companies.jpg)
