Interest rate cut - but economic growth forecast slashed in blow to chancellor
The Bank of England has cut interest rates by another quarter percentage point, bringing down the cost of borrowing to 4.5%.
![Interest rate cut - but economic growth forecast slashed in blow to chancellor](https://e3.365dm.com/23/08/1920x1080/skynews-pound-gbp-currency_6243464.png?20250206124225#)
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