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Interest rates cut to 3.75% but further reductions to be 'closer call'
The decision to lower borrowing costs was widely expected, after inflation slowed in the year to November.
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independent.co.uk
Bank of England to cut Interest rates as inflation falls in homeowners boost - Live
The interest rate comes as CPI rates fell to 3.2 per cent in November
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cnbc.com
Bank of England cuts interest rates, in welcome Christmas boost for consumers
The Bank of England voted to cut interest rates from 4% to 3.75% in its last monetary policy move of 2025.
