Bank of England cuts interest rates to 4.25%
5-2-2 voting split represents a ‘more dovish skew’ than expected
monetary policy committee
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UK inflation eases to 2.6% in March
The print, which came in below expectations, could pave the way for further interest rate cuts
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Bank of England holds interest rates amid market uncertainty
The central bank followed the Federal Reserve in remaining cautious as Trump threatens global tariffs
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UK cash savings surpass £2trn for first time
Savers added £51bn to cash this year, but it could be a less attractive option now interest rates are falling
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Investment industry urges BoE to tread carefully following interest rate cut decision
The Monetary Policy Committee voted 8-1 in favour of a 25 basis-point cut to 4.75%