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Published 14:10 IST, August 2nd 2024

BoE rate cut adds to sense of turnaround in sluggish UK economy

The lowering of Bank Rate from its 16-year high and the signs of economic recovery after a shallow recession in 2023 are helpful for new Prime Minister Keir Starmer.

Reported by: Thomson Reuters
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14:10 IST, August 2nd 2024