Bank of England cuts rates again, citing Trump tariff tensions and slower growth
Thursday, 8 May 2025 () 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 central bank's fourth such reduction in nine months, which had been widely expected by markets, contrasts with a decision by the US…
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 Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at...
Andrew Bailey says he is "very pleased" that the UK and the US have reached a trade deal agreement. But the governor of the Bank of England adds the deal will become much more important "if it becomes..
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..
Mark Carney is set to become Canada’s next Prime Minister after a landmark Liberal victory over the Conservatives. Once an unelected leader appointed after winning the Liberal Party leadership in..
Thursday, 8 May 2025 ()
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