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Bank of England cuts interest rates to 4.25%, as governor welcomes US tariff deal news
The Bank also forecast a significant slowing of the US economy hit by its own tariffs. The Bank also said the impact of the National Insurance was "fairly small to date". The Bank of England has cut interest rates from 4.5% to 4.25%. We'll bring you more on this shortly, including the breakdown of how the Bank's committee voted. Stay with us.
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Dozens of branches of a major bank are set to close next month, including six in Massachusetts. Here is the full list.
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