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The Independent UK
The Independent UK
National
Namita Singh,Emily Atkinson and Andy Gregory

Interest rates UK – latest: Lenders cut mortgage rates as banks urged to take action

iStock/The Independent
Jeremy Hunt calls on families to 'balance books' as Bank hikes interest rates

Several high street banks have slashed mortgage rates after Bank of England governor Andrew Bailey told lenders that costs did “not need to rise as they have done”.

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