Trade deals and interest rates - a good day for Starmer?
May 8, 2025
12 min
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699 of 1,000

May 8, 2025
Trade deals and interest rates - a good day for Starmer?
0:00 / 12:31
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Sky News Episodes Around May 8, 2025
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12:31This episodeTrade deals and interest rates - a good day for Starmer?
Summary
President Trump has called the US-UK trade deal "full and comprehensive" while Sir Keir Starmer said "it's going to not only protect jobs, but create jobs, opening market access". <br /> <br />The deal comes as interest rates are now at their lowest level for two years after the Bank of England cut the base rate by a quarter point to 4.25%. The Bank also raised its economic growth forecast for this year. <br /> <br />In today’s Sky News Daily, Niall Paterson talks to business correspondent Paul Kelso about how good a deal it is for the UK and whether the reduction in interest rates will have more of an impact on the country's finances. <br /> <br />Producer: Natalie Ktena <br />Editor: Wendy Parker <br />
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