Bank of England CUTS interest rates to 4.5% in bid to revive economy - as it HALVES growth prediction for this year after Labour's disastrous Budget
The Monetary Policy Committee reduced the level from 4.75 per cent to 4.5 per cent in its latest decision.
![Bank of England CUTS interest rates to 4.5% in bid to revive economy - as it HALVES growth prediction for this year after Labour's disastrous Budget](https://i.dailymail.co.uk/1s/2025/02/06/11/94925913-0-image-a-16_1738842347120.jpg?#)