August 1, 2024
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1:04:53Now PlayingThe Bank of England's Monetary Policy Committee is holding a news conference after announcing its latest interest rate decision.
The Bank of England has cut interest rates for the first time in more than four years.
The rate has been cut from 5.25% to 5%.
The Bank will also publish its forecast for unemployment, economic growth and inflation.
Read more on this breaking story:
#bankofengland #economy #interestrates #skynews #money #bank #barclays
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