Day Headlines in Economy News: 2025-08-07
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Interest rates cut to lowest level in more than two years (BBC Economy 2025-08-07 15:45:17)
The Bank of England cuts its key rate to 4%, the fifth reduction since August last year. -
What the interest rate cut means for you (BBC Economy 2025-08-07 14:23:11)
Changes to the Bank's base rate can affect mortgage and savings rates. -
Faisal Islam: Why has the Bank of England cut rates? (BBC Economy 2025-08-07 13:46:11)
Rates are now at their lowest since March 2023 even though inflation is well above target. -
What is a mortgage? (BBC Economy 2025-08-07 12:42:37)
Find out how you get a mortgage, how they are affected by interest rates and what a credit score means with this article from BBC Bitesize