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Borrowing costs set to ease further as Bank contends with weaker jobs market

City A.M. Sunday, 3 August 2025 ()
Borrowing costs set to ease further as Bank contends with weaker jobs marketBorrowing costs are set to ease further as the Bank of England contends with stagnant growth and rising unemployment, experts have predicted. Most economists think the Bank’s Monetary Policy Committee (MPC) will cut interest rates by 0.25 percentage points to 4% on Thursday. It could release pressure for some mortgage holders amid hopes that cheaper [...]
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