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Why has the Bank of England cut interest rates?
Rates are now at their lowest since March 2023 even though inflation is well above target.
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dailymail.co.uk
Bank of England set to cut interest rates TODAY
Experts think the Bank's Monetary Policy Committee (MPC) will reduce the base rate by 0.25 percentage points to 4 per cent at lunchtime.
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Bank of England cuts interest rates to 4%
The Bank's Monetary Policy Committee (MPC) reduced the base rate by 0.25 percentage points to 4 per cent at lunchtime.
