'Real prospect' of further rate cut says Bank of England
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Bank of England: 'Real prospect' of further rate cut

The Bank of England may further cut interest rates if the economy behaves as the bank predicts it will, deputy governor Ben Broadbent says.

UK interest rates have been cut from 0.5% to 0.25% - a record low and the first cut since 2009.

  • 05 Aug 2016
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