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0.5% cut in base rate helps homeowners with tracker mortgages

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  • 0.5% cut in base rate helps homeowners with tracker mortgages

    The decision by the Bank of England’s Monetary Policy Committee to announce a cut in the UK’s base rate a day ahead of the scheduled date is an indication of the seriousness of the conditions in the wider economy.The cut of 0.5% will ease the position of the millions of homeowners who are on tracker [...]

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