The Bank of England has cut interest rates for the first time in four years, after inflation fell back to normal levels earlier this year.Rates had been at a 16-year high of 5.25% since last summer - but on Thursday they finally started to come down.Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.

The Bank of England has cut interest rates for the first time in four years, after inflation fell back to normal levels earlier this year.Rates had been at a 16-year high of 5.25% since last summer - but on Thursday they finally started to come down.Here the PA news agency looks at what the decision means and what the Bank expects to happen to the economy.