Interest 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 lower returns for savers. The announcement will come at 12:02 BST, following a two-minute silence to mark VE Day. If a cut is confirmed, it would be the fourth rate reduction from last year's peak of 5.25%, and the second this year. Balancing act Members of ... (full story)