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Weak consumer data puts more pressure on Bank of England

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  • Weak consumer data puts more pressure on Bank of England

    The Bank of England is widely expected to cut the cost of borrowing costs for the second time in three months on Thursday - but UK businesses want more

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  • #2
    Interest Rate Cut Likely As Bank Of England Prepares For Crucial Decision

    At midday the Bank of England will announce its decision on interest rates, with most analysts expecting a cut of a quarter of a percent.

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    • #3
      Bank cuts interest rates to 5.25%

      The Bank of England's Monetary Policy Committee cuts interest rates to 5.25% from 5.5%.

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      • #4
        Banks vow to pass on rate cut but homeowners warned most mortgage payments WON'T fall

        Many of Britain's major banks have today pledged to pass on any cut in interest rates in full to their customers. Lloyds TSB, HSBC and Barclays said they would reduce their standard variable rate by the full 0.25% if the Bank of England cuts interest rates by that amount later today

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        • #5
          Interest rates cut to 5.25%

          The Bank of England's monetary policy committee today cut interest rates, as expected, by a quarter-point to 5.25%

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          • #6
            Good news for homeowners as Bank cuts rate

            Homeowners received a much-needed boost today after Bank of England policymakers cut interest rates for the second time in three months.


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            • #7
              Homeowners' relief as Bank of England cuts interest rate by 0.25%

              Homeowners received a much-needed boost today after Bank of England policymakers cut interest rates for the second time in three months. The Bank's nine-strong Monetary Policy Committee voted to trim rates by a quarter-point to 5.25% amid growing signs of a slowdown in the economy and a cooling housing market

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              • #8
                Interest Rates: Bank Cuts Cost Of Borrowing

                The Bank of England's policymakers have, as expected, cut interest rates - to the relief of millions of homeowners and thousands of businesses.

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                • #9
                  Mortgage Lenders Cut Rates After Bank Decision

                  Many of the UK's mortgage lenders have cut their rates in line with the Bank of England's reduction in the cost of borrowing.

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                  • #10
                    Fair Investment sees pros and cons to Bank of England rate cut

                    Responding to the Monetary Policy Committee's (MPC) decision to cut the base rate from 5.5 per cen...

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