Interest Rate Cuts 2024 Uk Gov. The first decision is on thursday, and few expect there will be any changes from. Interest rates cut to 5%.


Interest Rate Cuts 2024 Uk Gov

The bank of england monetary policy committee announced on 1 august 2024 to reduce the bank of england base rate to 5% from 5.25%. Jeremy hunt has raised the prospect of the bank of england reducing interest rates in 2024, saying a cut would be a crucial moment in shifting the economic mood in what is expected to be an.

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