European stocks mostly higher, UK shares fall after interest rate cut

NAMPA / DPA

2025-08-07

Frankfurt (dpa-AFX) - European stocks turned in a mixed performance on Thursday, with UK stocks underperforming after the Bank of England reduced its benchmark interest rate for the fifth time in a year as domestic and geopolitical risks weigh on economic activity. The Monetary Policy Committee voted 5-4 to cut the bank rate by 25 basis points to 4.00%. The fifth cut since last August took the rate to the lowest since early 2023. In economic news......

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Economy

1ST LEAD

2025-08-07 22:31:20

UK homelessness minister quits over rent hike claims

2025-08-07 22:31:19

1ST LEAD

2025-08-07 16:03:32

Gloomy economic situation eases shortage of IT specialists in Germany

2025-08-07 16:03:26

German exports rise in June on increased EU and Chinese demand

2025-08-07 15:31:59

Gloomy economic situation eases shortage of IT specialists in Germany

2025-08-07 15:31:56

US labour productivity surges 2.4% in second quarter

2025-08-07 15:31:54

1ST LEAD

2025-08-07 15:01:59

French trade deficit remains steady in June

2025-08-07 15:01:55

DEVELOPING

2025-08-07 15:01:52

Cyprus' consumer prices fall 0.9%

2025-08-07 15:01:49

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