The Bank of England cuts interest rates to their lowest level since February 2023
The Bank of England has cut interest rates in a new sign of an improving economic situation. The index recorded a decline from 4% to 3.75%, returning the bank to levels not seen since last February.
This change is the lowest in interest rates witnessed by the British financial markets during the recent period, and it is interpreted as a positive step that may positively affect corporate investments and consumer income.
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