There’s been some good news for mortgage holders, as the Bank of England has cut interest rates to 4.5%.
But that has been tempered by a warning about the state of the economy with the Bank cutting the UK’s growth forecast in half.
Sky’s Economics Editor Ed Conway reports.
Read more: https://news.sky.com/story/money-interest-rate-latest-inflation-bank-of-england-michelin-cheap-eats-mortgage-consumer-news-live-13040934
#bankofengland #interestrates #skynews
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
