Bank of England Lowers Interest Rates to 4.5% π
The Bank of England has reduced interest rates from 4.75% to 4.5%, reaching the lowest level since June 2023. Discover how this change could impact borrowing and the economy.
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The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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Published
Feb 6, 2025
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