UK 05-02-2009 Bank of England cuts interest rates to 1% The Bank of England has reduced interest rates to a record low of 1% from 1.5% in an attempt to kick start the struggling economy The Bank of England has… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here