Rate Cuts 2024 Uk Rate Cuts. The bank of england will be forced to cut interest rates at a gradual pace as it evaluates the impact of the chancellor's decision to raise taxes on employers, governor. It means the annual rate prices are rising at is now below the bank of.

That suggests the bank of england won’t follow the european central bank in cutting interest rates when it meets thursday. The bank of england will be forced to cut interest rates at a gradual pace as it evaluates the impact of the chancellor’s decision to raise taxes on employers, governor.