Bank of England cuts key interest rate from 4% to 3.75%
apnews.com
Bank of England cuts key interest rate from 4% to 3.75%
The Bank of England has cut its key interest rate for the first time in four months as stubbornly high inflation that has plagued British consumers and businesses starts to ease.
4 months ago
Bank of England History
Discover the origins of the Bank of England! In 1694, 1,500 people-including King William and Queen Mary-invested in a venture to raise £1.2 million for the Government. From chemists like Thomas Smith investing £25 to royalty contributing £10,000, their stories are preserved in this ledger. 🤯 Our Archive holds over 80,000 items, capturing the Bank’s 300-year history. Explore it for yourself, our Archive is open to the public! | Bank of England
0:35
Discover the origins of the Bank of England! In 1694, 1,500 people-including King William and Queen Mary-invested in a venture to raise £1.2 million for the Government. From chemists like Thomas Smith investing £25 to royalty contributing £10,000, their stories are preserved in this ledger. 🤯 Our Archive holds over 80,000 items, capturing the Bank’s 300-year history. Explore it for yourself, our Archive is open to the public! | Bank of England
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