August 04, 2016 BY Valentina Kirilova

Bank of England cuts rates to 0.25%

The focus for investors on Thursday was BoE's rate decision. UK interest rates have been cut from 0.5% to 0.25% and the Bank of England has reported that they could go even lower if the economy worsens. BoE has announced a range of measures to stimulate the UK economy, including a £100 billion scheme to…

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