Bank of England Set to Cut Rate as UK Economy Weakens

Interest rates: Why have they been cut and what does it mean?

Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

Bank of England could cut interest rates to 4% today - Liverpool Echo

Rates started steadily coming down from a peak of 5.25%

Bank of England dramatically cuts interest rates in boost for millions of Brits

Interest rates have been slashed to 4% this afternoon, marking the fifth cut since last August - and taking the cost of borrowing to its lowest level in more than two years

Bank of England set to make huge economic decision today

Millions of people throughout the UK will be eager to see what the Bank of England does during a challenging time for many.

Interest rates live: Bank of England expected to cut rate for third time this year

Monetary Policy Committee members are likely to vote on a cut down to 4 per cent which will hamper savings but boost the mortgage market

Trump tariffs kick in; Bank of England likely to cut rates – business live - The Guardian

Trump tariffs kick in; Bank of England likely to cut rates – business live  The Guardian Article Attribution | Read More at Article Source The post Trump tariffs kick in; Bank of England likely to cut rates – business live – The Guardian appeared first on RocketNews.