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UK interest rate decision too close to call

Source: BBC

PA MediaA decision by the Bank of England on whether to cut interest rates later is too close to call, according to analysts.Traders have bet on a 60% chance that the UK's central bank will lower rates from 5.25% to 5%, but others believe another hold is on the cards.Borrowing costs are currently at a 16-year high, putting pressure on household finances, although returns on savings are also greater.In June,…

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