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Interest rate cut: What does this mean for your mortgage and savings?
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In its latest Monetary Policy Committee meeting, the Bank of England voted to reduce its Bank Rate to 5pc from the 16-year high of 5.25pc.
The news is welcome relief to borrowers who have been waiting for a rate cut, and will hope this kicks off a downward interest rate cycle for the central bank.
#interestrates #bankofengland
The news is welcome relief to borrowers who have been waiting for a rate cut, and will hope this kicks off a downward interest rate cycle for the central bank.
#interestrates #bankofengland
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