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Bank of England announces interest rate cut

Rates have fallen to 4%, the lowest level in two years

Alex Black
Deputy Editor
clock 鈥� 2 min read
Bank of England announces interest rate cut

The Bank of England has cut interest rates from 4.25% to 4%. It is the fifth cut since August 2024. The committee of nine was forced to hold two votes as four of the committee initially wanted...

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