The Bank of England reduced its key interest rate to 3.75% due to weak UK growth and high unemployment. Inflation data showed a decrease, with CPI at 3.2%. This rate cut may provide relief to finance minister Rachel Reeves and Prime Minister Keir Starmer, who are struggling to boost growth. Analysts note that commitments to growth are hindered by increased employer contributions and Brexit impacts. The UK economy has contracted recently, and while inflation is cooling, it remains above target. Teljes cikk (Euronews.com)