Division over interest rate decision shows 'challenge' for Bank of England
The Bank of England has cut interest rates for the fifth time in a year to 4% as it warned that climbing food prices would cause inflation to jump higher this year.
Gurpreet Narwan
Business and economics correspondent @gurpreetnarwan
Thursday 7 August 2025 12:38, UK
Sky's Business Correspondent Gurpreet Narwan breaks down the thought process behind the Bank of England's decision to cut interest rates.