Interest rates: Cut expected by the Bank of England

Kevin PeacheyCost of living correspondentGetty ImagesInterest rates are widely expected to be cut on Thursday, with further falls predicted for later in the year.Analysts say a cut to 4.25% from 4.5% by the Bank of England is highly likely, although no change or a bigger reduction remain possibilities.Such a move would make borrowing money by businesses and individuals less expensive, but there are likely to be…