Experts predict the Bank of England will cut the UK’s base interest rate, which currently sites at 4.75 per cent, to 4.5 per cent

Markets have raised the prospect that the Bank of England will cut the base rate by up to four times this year, as fears of a global trade war rise.   US President Donald Trump has said he would impose tariffs of 25% on Mexico,

The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.