The Bank of England cut interest rates on Thursday to tackle the expected hit from U.S. President Donald Trump's tariffs but a surprise three-way split among policymakers cooled expectations that it might speed up future moves.

The Bank of England has made another dramatic change to UK interest rats but what does this mean for your pensions, savings and mortgage? Earlier today, the central bank's Monetary Policy Committee (MPC) voted with a slim majority of five-to-four to slash the base rate from 4.

The Bank of England has cut interest rates from 4.5 per cent to 4.25 per cent, the lowest level for two years The Bank’s Monetary Policy Committee (MPC) voted 5-4 in favour of reducing the bank rate by 0.