UK 10-04-2008 Bank of England reduces Bank Rate by 0.25% to 5.00% The Bank of England’s Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves to 5.00%. The Bank of England’s Monetary Policy Committee today… 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