After disappointing GDP numbers, BoE slashes Britain's interest rates, cuts economic growth forecast
The Bank of England brought down its benchmark interest rate by 25 basis points to 4.5 per cent. Following the announcement of the interest rate cut, BoE also said that it was halving its UK growth estimate for 2025 to 0.75 per cent
The Bank of England brought down its benchmark interest rate by 25 basis points to 4.5 per cent. Following the announcement of the interest rate cut, BoE also said that it was halving its UK growth estimate for 2025 to 0.75 per cent
