Interest rate cut - but economic growth forecast slashed in blow to chancellor

The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%.

Feb 6, 2025 - 15:28
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Interest rate cut - but economic growth forecast slashed in blow to chancellor
The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%.