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Savings rates on easy-access accounts and Isas have started to plummet following the Bank of England cutting the base rate.
The Bank of England has cut borrowing costs to 4% but cautioned over “uncertainty” about future interest rate reductions.The Bank’s Monetary Policy Committee (MPC) chose to reduce interest rates by 0.
MPC says base rate cut is a 'gradual and careful approach to the further withdrawal of monetary policy restraint [taht] ...
Thursday’s reduction is likely to be passed on to many savers who have easy-access accounts and or other accounts without ...
The Bank of England yesterday opted to cut interest rates down to 4 per cent in a positive mood for homeowners, borrowers and businesses - but with the threat of inflation still lingering higher than ...
The Bank of England has cut interest rates to 4%, the lowest level since March 2023, in a move set to bring some relief to mortgage borrowers, but with a warning that the path ahead is “uncertain”.
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