Reading Time: 3 minutesUK: The Bank of England has voted to cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Reading Time: 4 minutesUK: The Bank of England has announced that it will cut interest rates from a 16-year high of 5.25 per cent to five per cent, marking the first rate drop since the onset of the Covid-19 pandemic in March 2020.
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