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Evening Standard
Evening Standard
Business
Graeme Evans

FTSE 100 Live 18 December: Currys surges after results beat, BP names first female CEO

British Petroleum Interest Rates The Bank of England Graeme Evans Meg ONeill Murray Auchincloss
FTSE 100 Live - (Evening Standard)

The Bank of England will today reduce the cost of borrowing by cutting interest rates from 4% to 3.75%.

The expected move will leave the Bank’s base rate at its lowest level since February 2023. It had been 5.25% in July 2024.

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