Is the economy on the up? | BBC Newscast

The Bank of England has cut interest rates to the lowest level since early 2023.

UK Chancellor Rachel Reeves calls it "good news for families with mortgages and businesses with loans" – but says there’s "more to do". Meanwhile, the Bank now expects no economic growth at the end of this year. Faisal is with Tristan in the studio to talk it through.

And, tension is still building between the US and Venezuela. President Donald Trump has ordered "a total and complete" blockade of all sanctioned oil tankers entering and leaving Venezuela – a move denounced by Caracas as "warmongering threats". Tristan is joined by his global story host Asma Khalid and Vanessa Buschschlüter, Latin America and Caribbean Editor for the BBC News website.

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