Bank of England cuts interest rates to 4.5% as it downgrades growth forecast

The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.

Feb 6, 2025 - 15:28
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Bank of England cuts interest rates to 4.5% as it downgrades growth forecast
The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.