Bank of England Cuts Interest Rates to 3.75% After Narrow Vote as UK Economy Weakens
The Bank of England cuts interest rates to 3.75% after a tight 5–4 vote as inflation cools and economic weakness deepens across the UK. Key Highlights The Bank of England on Thursday cut its benchmark interest rate by 25 basis points to 3.75%, marking a cautious shift in monetary policy as economic weakness intensifies and … Read more