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Morning Brew
3 mins to read

BoE cuts to 5%; US prisoners released by Russia

And Uber signs deal with EV car manufacturer BYD.

Governor Andrew Bailey said it was ‘not mission accomplished’ just yet.

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Ata mārie and welcome to the end of the working week. Here’s a summary of the key business and political stories from around the world.

First up, the Bank of England has cut its benchmark interest rate to 5%, while warning not to expect a sharp fall in the months ahead, the BBC reported.

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Jonathan Mitchell Fri, 02 Aug 2024
Contact the Writer: jmitchell@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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BoE cuts to 5%; US prisoners released by Russia
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