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Bank of England cuts rates and growth Outlook

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Bank of England cuts rates but slashes growth forecast in blow to Labour

Bank of England cuts rates but slashes growth forecast in blow to Labour - The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting surging inflation.

Bank of England cuts interest rates to 4.5% and slashes UK growth forecast

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

Bank of England cuts rates, sees weaker growth and inflation spike

The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.

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Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war

THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...

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Best savings accounts to beat the Bank of England interest rates cut

Right now, the best easy access savings account is also an ISA. This is Trading212, which allows you to pay in and withdraw ...

BoE cuts rates in first decision of 2025

In its first meeting of 2025, the bank’s Monetary Policy Committee voted seven to two in favour of the drop from 4.75 per ...

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