Interest rates cut to 3.75% but further reductions to be 'closer call'

Home › Interest rates cut to 3.75% but further reductions to be 'closer call'

The decision to lower borrowing costs was widely expected, after inflation slowed in the year to November.

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Prices rose 2.7% over the 12 months to November, according to the latest figures from the consumer price index (CPI).

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19.12	Government borrowing higher than expected in November
19.12	A 45% school bus fare hike is too much, says dad
19.12	AI likely to displace jobs, says Bank of England governor
19.12	Japan hikes interest rate to highest level since 1995 as inflation bites
19.12	Japan hikes interest rate to highest level since 1995 as inflation bites
19.12	UK names Christian Turner as ambassador to US, replacing Peter Mandelson
19.12	TikTok owner signs deal to sell US business
19.12	Will tech trump tradition at bakers and biscuit makers?
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