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Decision will lead to lower borrowing costs for those on trackers – but fixed-rate deals will stay the sameBank cuts interest rates to 4.5% and halves UK growth forecastBusiness live – latest updatesThe Bank of England has cut interest rates from 4.75% to 4.5% – the lowest level since June 2023. Continue reading…
Decision will lead to lower borrowing costs for those on trackers – but fixed-rate deals will stay the same
The Bank of England has cut interest rates from 4.75% to 4.5% – the lowest level since June 2023.