Key Points
- First rate cut in three years lowers benchmark to 4.25%
- Decision driven by $300B in potential US-EU trade disruptions
- Manufacturing PMI drops to 47.1, signaling contraction
The Bank of England has taken emergency action to stabilize markets...
Analysts attribute the 25-basis-point reduction to mounting pressure...
West Midlands manufacturers report 12% order decline...
Three critical industry shifts emerge...
Housing markets show surprising resilience...