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LIVE – Updated at 18:00. The Bank of England has cut interest rates to 4.5 per cent, but painted a gloomy picture for the UK economy by halving its growth forecast for this year and predicting a ...
The Bank of England has hinted at further interest rate cuts, which could come as soon as August. It decided to keep rates at 4.25% on Thursday with inflation, the rate prices rise at over time, ...
The Bank of England cut interest rates on Thursday in a move likely to bring relief to borrowers, businesses and hard-pressed consumers across the country. The central bank reduced its key ...
The Bank of England on Thursday cut interest rates by 25 basis points, lowering its key rate to 5.0% from a 16-year high of 5.25%. Policymakers voted 5-4 in favor of the reduction, in what had ...
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