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There is little doubt that a lack of clear progress in reducing inflation has spooked the Bank of England’s Monetary Policy Committee. Rather than a clear vote to reduce rates to 4 per cent in August, ...
The rate of Consumer Prices Index inflation rose to 3.8 per cent in July from 3.6 per cent in June, the Office for National ...
Interest rates have been slashed to 4% this afternoon, marking the fifth cut since last August - and taking the cost of borrowing to its lowest level in more than two years ...
Both the tumbling of the old Bank of England, and the raising of its 1920s/30 successor, is documented in Building the Bank - ...
Economists believe official Office for National Statistics data will show the cost of living squeeze deepened last month ...
Governor Andrew Bailey tells the BBC he expects rates to continue falling, but “the course is a bit more uncertain”.
A cut in the Bank of England base rate will help save remortgaging homeowners hundreds of pounds per year, expert analysis ...
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