UK Faces Economic Challenges as Bank of England Cuts Interest Rates

The Bank of England has announced a reduction in the base interest rate from 4.75% to 4.5%, marking the third cut in six months. While the move is expected to ease borrowing costs for individuals and businesses, concerns over sluggish economic growth and rising inflation continue to loom over the UK economy.

read here: https://colitco.com/uk-economic-woes-boe-cuts-interest-rates-2025/

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