Bank of England poised to cut interest rates
The Bank of England is poised to cut interest rates as the threat of an escalating global trade war looms and the economic growth outlook worsens.
Most economists think UK interest rates will be reduced to 4.25 per cent from their current level of 4.5 per cent on Thursday.
Anna Wise has more in this report:
Andy Gregory8 May 2025 07:00
