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Financial News

Thursday January 8, 08:13 PM

 

 

The Bank of England is pictured in London

By Leon Neal

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The Bank of England is pictured in London. The Bank of England on Thursday cut its key lending rate by half a percentage point to 1.5 percent, the lowest level in its 315-year history, to ward off any threat of deflation in a sharp economic downturn. The Bank of England is pictured in London. The Bank of England on Thursday cut its key lending rate by half a percentage point to 1.5 percent, the lowest level in its 315-year history, to ward off any threat of deflation in a sharp economic downturn.


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