UK economy: when will the interest rate fall? – Channel 4 News
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21 May 2024

UK economy: when will the interest rate fall?

The International Monetary Fund has delivered its annual health check for the UK.

The good news: it’s upgraded its growth forecast and recommends that interest rates are cut.

The bad news: a £30 billion hole in the public finances means “difficult choices” lie ahead and the government should not cut taxes.