The Bank of England is expected to cut interest rates next week - sparking a series of reductions in 2025. The bank is set to drop them from 4.75% to 4.5%, in a move that could shake up savings ...
The Bank of England may have to lower borrowing costs more rapidly than it has to date in order to reduce the risk of the U.K. sliding into recession, one of its rate-setters said Wednesday.
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