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Rates are now at their lowest since March 2023 even though inflation is well above target.
The Bank of England has cut its main interest rate by a quarter percentage point to 4% Thursday, as policy makers seek to ...
An expected cut that will take the Bank of England's key interest rate to 4% this week will be merciful relief for an economy ...
The Bank of England has cut interest rates from 4.25% to 4%. It's the fifth cut since last August, and takes the cost of borrowing to its lowest level for more than two years.