Bank of England cuts UK interest rates

The Bank’s Monetary Policy Committee (MPC) announced on Thursday (7 November) that the rate would drop from 5% to 4.75%.
Huw Pill signalled that further rate cuts were on the way, while striking a cautious note on the continued persistence of ...
The Bank of England could slow the pace of interest rates cuts in the wake of Rachel Reeves’ first Budget. As expected, ...