Bank of England cuts interest rates by 25 basis points to 5%

First drop since 2020

Linus Uhlig
clock • 2 min read

The Bank of England has cut its bank rate by 25 basis points to 5%, having held rates for the longest period since the Second World War.

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Linus Uhlig
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Linus Uhlig

Linus Uhlig is a senior reporter at Investment Week

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