Bank of England cuts rates as governor welcomes UK-US trade deal

Interest rates were cut from 4.5% to their lowest level since May 2023, in their fourth reduction over the past year.

May 8, 2025 - 20:10
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Bank of England cuts rates as governor welcomes UK-US trade deal
Interest rates were cut from 4.5% to their lowest level since May 2023, in their fourth reduction over the past year.