The central bank’s fifth interest rate cut since the last general election in July 2024 was welcome news, helping bring down the cost of mortgages and loans for families and businesses.
Rachel Reeves: “The central bank’s fifth interest rate cut since the last general election in July 2024 was welcome news, helping bring…”
Editor's note · Context
Commenting on the impact of the interest rate cut on families and businesses.
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More from Rachel Reeves
It has been the privilege of my life to serve as the Chancellor of the Exchequer. The economy today is stronger, fairer and more resilient because of the choices we have taken as a Labour Government over the past two years.
I think that we need to be much bolder and go much further moving towards a trusted economic and security partnership, where the default is the UK is included not excluded.
Andy will take over an economy that is much stronger than the one I inherited from the Conservatives just two years ago
Having more decision makers, both officials and ministers, based in the north of England and in different parts of the country, would be a good thing for policy making.





