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Bank of England cuts interest rates to 4.5%

Video Credit: ODN - Duration: 00:46s - Published
Bank of England cuts interest rates to 4.5%

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.

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