Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
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Reeves' plan 'unlikely to work', says ex-chief at Bank of England
Andy Haldane, who left the Bank in 2021, told The i Paper that Reeves must put more focus on local growth missions and ...
Bank of England poised to cut rates but inflation worries linger
The Bank of England looks set to cut interest rates on Thursday for only the third time since just after the start of the ...
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.