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Morning Brew
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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.

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
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BoE cuts to 5%; US prisoners released by Russia
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