The Bank of England could make the first cut to UK interest rates in more than seven years at lunchtime today. The governor Mark Carney has previously indicated that the Monetary Policy Committee would vote to cut rates in July or August.
The probable reduction from 0.5 per cent to 0.25 per cent is intended to boost the UK economy in the wake of the Brexit vote. Although
Helen Nugent
Interest rates, housing demand and pension fears

Comments
Don't miss out
Join the conversation with other Spectator readers. Subscribe to leave a comment.
UNLOCK ACCESSAlready a subscriber? Log in