The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, though with an unexpected three-way split among policymakers as US President Donald Trump’s tariffs weigh on global economic growth.
The BoE’s Monetary Policy Committee voted 5-4 in favour of the decision to cut rates by a quarter point. Two members, Swati Dhingra and Alan Taylor, voted for a bigger half-point cut
