The Bank of England has cut interest rates to less than 4% for the first time since January 2023. Sky's Economics and Data editor Ed Conway analyses the decision, and says that "there are still lots of issues, but this paints a rosier picture for the economy". Read more: https://news.sky.com/story/money-latest-interest-rate-mortgages-inflation-personal-finance-consumer-news-13040934 #skynews #ukeconomy #bankofengland SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales