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Hopes for further rate cuts fade after deadlock at bank: borrowing costs and pound surge following split vote

Hopes for further rate cuts fade after deadlock at Bank: Borrowing costs and pound surge following split vote

Hopes for further rate cuts fade after deadlock at Bank: Borrowing costs and pound surge following split vote

The cut followed a dramatic meeting of the Bank’s nine-member Monetary Policy Committee, which for the first time had to vote twice.Read More

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August 7, 2025
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