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Housebuilder issues profit warning as interest rate cut delay hits market demand

Sky News Thursday, 13 June 2024
Demand in the housing market tailed off last month as hopes of a Bank of England rate cut faded, according to an industry report released just hours before a major housebuilder issued a profit warning.
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Bank of England Bank of England Central bank of the United Kingdom

Bank of England rate-setter casts doubt on August cut

 Hopes of a summer interest rate cut have been knocked by a member of the Bank of England's rate-setting committee.
Sky News

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