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Thursday, 4 August 2016

UK - Bank of England governor announces cut in interest rates: euronews (in English)

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Published on Aug 4, 2016
Governor of the Bank of England, Mark Carney, annonces the first cut in interest rates since 2009.

The rates have been cut from 0.5% to 0.25% — this is lower than at any other point in UK history.

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