
Bank of England trims rates again to 4.5% as economic growth falters
The Bank of England has reduced its base rate to 4.5 per cent — the third such cut in six months — as policymakers seek to…
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

The Bank of England has reduced its base rate to 4.5 per cent — the third such cut in six months — as policymakers seek to…

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