Week 270 – May 8th – Interest rate cut

On the day that we celebrate 80 years since VE day, the Bank of England have reduced the interest rate from 4.5% to 4.25%. 

Though it was a split decision of 5 for, 2 for cut to 4% and 2 for no change. 

This is also on day, when it appears to be a tariff agreement reached with the USA. 

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