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Martin Lewis £100,000 mortgage update as interest rates cut

Summary by Bristol Post

The Bank of England voted to cut interest rates from 4.75% to 4.5% on Thursday

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Wales Online

Martin Lewis says four things could boost people's pockets after announcement

With interest rates cut in the UK, the money saving expert has explained how that could effect you

1 month ago·Wales, United Kingdom

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Daily Express

Martin Lewis explains what interest rate cut means for mortgages, savings, cards and loans

News that the Bank of England has cut the base interest rate to 4.5% might seem like good news – but what exactly does it mean for your wallet? Money Saving Expert founder Martin Lewis has offered a quick oversight of how the cut will impact their mortgages, savings, cards and loans. Policymakers voted to bring the base interest rate to its lowest level in over 18 months on Thursday – and Mr Lewis said it is expected to drop further to around 3.…

1 month ago·United Kingdom

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Bristol Post

Martin Lewis £100,000 mortgage update as interest rates cut

The Bank of England voted to cut interest rates from 4.75% to 4.5% on Thursday

1 month ago·Bristol, United Kingdom

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Bournemouth Echo

+2 Reposted by 2 other sources

Mortgage rates expected to fall as Bank of England cuts interest to 4.5 per cent

Mortgage rates are expected to fall as Bank of England cuts interest to 4.5, but savers may pay the price

1 month ago·Bournemouth, United Kingdom

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Business Manchester

Bank Of England Cuts Interest Rates From 4.75% To 4.5%

The Bank of England has cut interest rates from 4.75% to 4.5%, their lowest level since June 2023. Bank of England governor Andrew Bailey held a press conference after the Monetary Policy Committee (MPC) voted to cut interest rates, while also halving its growth forecast for 2025. All nine members of the Monetary Policy Committee […] The post Bank of England cuts interest rates from 4.75% to 4.5% appeared first on Business Manchester.

1 month ago

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Usa news

Interest rates fall even further – here’s what it could mean for you

Chancellor Rachel Reeves said the interest rate cut was ‘welcome news’ (Picture: Ian Forsyth/Getty Images) Interest rates have fallen for a third consecutive time after the Bank of England decided the economy was healthy enough for another cut. The Bank’s governor Andrew Bailey announced earlier this afternoon that its Monetary Policy Committee had decided on a reduction of 0.25%, bringing the figure to 4.5%. It marks another fall for the base r…

1 month ago

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