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Bank of England cuts interest rates to 4.25%

Video Credit: ODN - Duration: 00:32s - Published
Bank of England cuts interest rates to 4.25%

Bank of England cuts interest rates to 4.25%

The Bank of England has cut interest rates from 4.5% to 4.25%.

Shadow chancellor Mel Stride reacted to the news, claiming Labour's policies have prevented higher cuts to interest rates.

Report by Brooksl.

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