
2025 • Aug 07
Bank of England cuts interest rates as it warns food costs could push inflation to 4%
Policymakers cut base rate by quarter-point to 4% amid concern about strength of UK economy
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Policymakers cut base rate by quarter-point to 4% amid concern about strength of UK economy

City predicts quarter-point drop to 4% when MPC meets on ThursdayBank of England policymakers are widely expected to cut interest rates this week to prevent the economy sliding backwards ami...