Pound plunges as Bank of England cuts rates – and hints at more to come
The value of the pound has sunk sharply as the Bank of England signalled there would be more interest rate cuts later this year.]]>
![Pound plunges as Bank of England cuts rates – and hints at more to come](https://www.telegraph.co.uk/content/dam/business/2025/02/06/TELEMMGLPICT000411083123_17388513855080_trans_NvBQzQNjv4BqJIWwNCqt6VLCbSIDw6mXYB5P4uWIYe9EywUs9rTe6z4.jpeg?#)
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