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Bank of England governor backs British Retail Consortium on jobs warning over budget

Sky News Tuesday, 19 November 2024
Bank of England governor backs British Retail Consortium on jobs warning over budgetThe Bank of England governor has said industry lobby group the British Retail Consortium (BRC) was right to warn of job losses as a result of the budget.
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Bank of England Bank of England Central bank of the United Kingdom

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Bank of England cuts interest rates to 4.5% [Video]

Bank of England cuts interest rates to 4.5%

The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:46Published

Interest rate cut - but economic growth forecast slashed in blow to chancellor

 The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%.
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