Bank of England cuts rate to 5.0% – the first since the Covid pandemic of March 2020 and from the highest rate for 16 years
2024-08-01
The Bank of England (BoE) on Thursday 1st August 2024 announced its first-interest rate reduction in more than four years, taking the key rate to 5%. Although numerous analysts predicted that the Bank of England might announce a reduction in interest rates at its August 2024 meeting, the absence ofRead More →
