Bank of England cuts rates to 4.25% amid sluggish growth and easing inflation
Thursday, 8 May 2025 () The Bank of England reduced its benchmark interest rate by 25 basis points to 4.25% on Thursday, amid subdued economic momentum and easing inflation pressures. The widely anticipated move is aimed at supporting growth as the UK economy contends with weak output and external uncertainties, particularly around global trade. The rate cut comes at a […]
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...
The Bank of England has cut interest rates from 4.5% to 4.25%. Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates. Report by..
ECB cuts rates again as Trump tariffs weigh on economic outlook
The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh..
Credit: euronews (in English) Duration: 01:00Published
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The Bank of England on Thursday cut its key interest rate by a quarter point to 4.25 percent as the threat of US tariffs starts to weigh on economic growth. The... Upworthy
The Bank of England has reduced interest rates to 4.25 percent. This decision follows worries about a global economic slowdown. The slowdown is due to trade... IndiaTimes
The Bank of England has cut interest rates to 4.25 per cent in a split decision dividing hawks and doves. The Bank’s policymakers suggested that President... City A.M.
Thursday, 8 May 2025 ()
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