The Bank of England has lower rates of interest for the fifth time in a yr to 4% because it warned that climbing meals costs would trigger inflation to leap increased this yr.
In a decent determination after members of the speed setting committee needed to vote twice to interrupt a impasse, the Bank lower the rate of interest to the bottom degree in additional than two years.
Read extra: https://news.sky.com/story/money-latest-interest-rate-cut-decision-bank-of-england-consumer-personal-finance-blog-sky-news-deals-13040934
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