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Bank of England cuts rates

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Bank of England halves UK growth projection and cuts main interest rate to 4.50%

The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement, the bank's nine-member Monetary Policy Committee lowered its main interest rate by a quarter of a percentage point to 4.

Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates

Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking news and live events

Bank of England cuts interest rates to 4.5% and slashes UK growth forecast

The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.

Chase to cut interest rate on 5% savings account twice this month - a double whammy for savers

Offering new customers 5% AER (4.89% gross, variable) for six months, the account is currently one of the best savings ...

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Unexpectedly dovish Bank of England decision sends pound and yields lower

The Bank of England put a dovish twist to an expected rate cut, sending the British pound and bond yields lower. The central ...

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Bank of England's Bailey says UK can't avoid U.S. tariff impact — even if it's not in the direct firing line

If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC's Steve ...

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