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Bank of England
Bank of England Cuts Interest Rates to 0.25%
Market News -
UK interest rates have been cut to a new record low of 0.25%. More than seven years after the Bank of England cut rates to 0.5%, economic concerns following the Brexit vote have led the Monetary Policy Committee to vote for a further rate cut. Bank Governor Mark Carney announced at midday today that the MPC had voted to cut interest rates to 0.25% at 9 member votes to 0. The Bank...
