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2026February › 05

Bank

5 months ago

Economists give their forecasts for when the next rate cut could take place in 2026.
Chancellor Rachel Reeves’ second budget seen as undoing the damage of her first one.
Borrowers were dealt a blow today as interest rates were held despite mounting concerns over rising unemployment and a floundering economy.
Interest rates were cut to 3.75% in December and analysts expect at least one further reduction this year.

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