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Bank of England cuts interest rates

By Abigail Townsend

Date: Thursday 07 Nov 2024

(Sharecast News) - The Bank of England trimmed interest rates on Thursday for the second time this year, as widely expected.
The rate-setting Monetary Policy Committee voted by eight to one to reduce the cost of borrowing by 25 basis points to 4.75%. External member Catherine Mann voted to leave rates...

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