What does the Bank of England interest rate cut mean for mortgages and savings?

What does the Bank of England interest rate cut mean for mortgages and savings?

Mortgages, Savings, Mortgage rates, Banks and building societies, Property, Money, Interest rates, Economics, Business, UK news Business | The Guardian

​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.

Continue reading… 

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