The Bank of England has cut the interest rate from 4% to 3.75%.
That’s good news for homeowners, but will it be enough to control inflation?
Sky’s economics and data editor Ed Conway crunches the figures.
Ed Conway analysis: https://news.sky.com/story/interest-rate-cut-brings-christmas-cheer-but-theres-good-reason-for-caution-ahead-13484726
#skynews #ukeconomy #bankofengland #interestrate #costofliving
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