JUST IN: The Bank of England has officially cut interest rates by 25bps, bringing the base rate down to 4%. 🏴

This is the first rate cut in the current cycle — signaling a potential pivot in monetary policy.

Markets will be watching closely for:

• Boost in consumer spending

• Relief in credit markets

• Impact on GBP & equities

• Momentum for other central banks to follow

The easing era might just be starting.