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Interest rate cut to lowest level in more than two years
Posted
August 7, 2025
Views
132,949
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178
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112
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August 7, 2025
132,949
178
112
0.22%
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9:30Now PlayingThe Bank of England has cut interest rates for the fifth time in a year to 4% as it warned that climbing food prices would cause inflation to jump higher this year.
In a tight decision after members of the rate setting committee had to vote twice to break a deadlock, the Bank cut the interest rate to the lowest level in more than two years.
#interestrates #bankofengland #economy #politics #ukeconomy #uknews #skynews
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