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Chancellor: Interest rate cut is 'welcome news for millions'

Posted

November 7, 2024

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as posted by the channel

Rachel Reeves has praised the interest rate cut as "welcome news for millions of families".

However, the chancellor, who raised taxes by £40bn in her first budget last week, said she is "under no illusion about the scale of the challenge facing households".

#interestrates2024 #costofliving #chancellor

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Chancellor: Interest rate cut is 'welcome news for millions' · Sky News · Sentinel