
BUSINESS LIVE: Bank of England cuts base rate to 4.25%; UK-US trade deal expected; Next profits shine
By LIVE COMMENTARY Updated: 07:46 EDT, 8 May 2025 The Bank of England’s Monetary Policy Committee has voted to cut base rate by 25 basis points to 4.25 per cent. The cut was approved by a slim majority of 5–4. Two members preferred to reduce Bank Rate by …