📰 News Alert:

🔖 Title: Bank of England cuts interest rates to 4.5% amid fears over weak UK growth

🗓️ Published: Thu, 06 Feb 2025 12:00:40 GMT

📄 Summary: The Bank of England has cut interest rates for the third time in six months to 4.5%, the lowest level since June 2023, due to concerns over weak economic growth. This decision underscores the risks facing the chancellor, Rachel Reeves, and signals a cautious outlook for the economy in the near future.