Money blog: Interest rate cut almost certain to be announced - as inflation no longer Bank's main concern | Money News

By James Sillars, business and economics reporterWe're going to get an interest rate cut tomorrow.That's the good news - I have every confidence declaring ahead of the Bank of England revealing its decision at noon tomorrow.It'll be the third rate cut since the Bank's monetary policy committee halted its cycle of hikes in August 2023 to combat the energy-driven cost of living crisis.Just think about that for a second: August 2023. That was the month when Wilko collapsed and Spain beat England..