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Bank of England issues inflation warning but cuts interest rate to 4%

Sky News Wednesday, 6 August 2025 ()
Bank of England issues inflation warning but cuts interest rate to 4%The Bank of England has cut interest rates for the fifth time in a year to 4% but warned that climbing food prices will cause inflation to jump higher this year.
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News video: Bailey: Interest rate cut was a finely balanced decision

Bailey: Interest rate cut was a finely balanced decision 00:55

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

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