Bank of England interest rate cuts are a much-needed boost for the economy
Editorial: The quarter percentage point cut surprised no one but it is still more significant than it sounds – and we can expect Rachel Reeves to make the very most of it in the weeks ahead
![Bank of England interest rate cuts are a much-needed boost for the economy](https://static.independent.co.uk/2025/02/05/17/SEI237783450.jpg?width=1200&auto=webp#)
Editorial: The quarter percentage point cut surprised no one but it is still more significant than it sounds – and we can expect Rachel Reeves to make the very most of it in the weeks ahead