BRITAIN-ECONOMY-GDP-RATE-TARIFF

Bank of England Governor Andrew Bailey (C), flanked by Deputy Governor for Monetary Policy Claire Lombardelli (L) and the Head of Media and Stakeholder Engagement Katie Martin (R), takes part in the financial stability report press conference at the Bank of England in London on August 7, 2025. The Bank of England on August 7 cut its key interest rate by a quarter point to four percent, the lowest level in 2.5 years, as it bids to boost a UK economy still threatened by US tariffs. Alongside the expected decision, the BoE forecast British economic growth to hit 1.25 percent this year, slightly better than the central bank's previous estimate of one percent. (Photo by Jordan Pettitt / POOL / AFP) (Photo by JORDAN PETTITT/POOL/AFP via Getty Images)