Bank of England slashes interest rates to 4% amid sluggish UK economy - but Andrew Bailey is cautious on future cuts as Rachel Reeves' tax raid 'fuels inflation'

3 months ago 5

For the first time in the Bank's history, policymakers had to vote twice on how fast to slash borrowing costs amid a three-way deadlock.

Source: https://www.dailymail.co.uk/news/article-14979417/Bank-England-cuts-rates-4-bid-boost-sluggish-UK-economy.html?ns_mchannel=rss&ito=1490&ns_campaign=1490

Read Entire Article

Disclaimer of liability !!!

NEWS.SP1.RO is an automatic news aggregator. In each article, taken over by NEWS.SP1.RO with maximum 500 characters from the original article, the source name and hyperlink to the source are specified.

The acquisition of information aims to promote and facilitate access to information, in compliance with intellectual property rights, in accordance with the terms and conditions of the source.

If you are the owner of the content and do not wish to publish your materials, please contact us by email at [email protected] and the content will be deleted as soon as possible.