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Daily Express - Slash interest rates NOW to give Britain a desperately needed boost Bank of England told

Daily Express - Slash interest rates NOW to give Britain a desperately needed boost Bank of England told

Former Brexit secretary Sir David Davis among leading voices calling for Governor Andrew Bailey to cut interest rates to help businesses and mortgage payers. A former minister has called on the Bank of England to play its part in boosting Britain by slashing interest rates today. Sir David Davis, the former Brexit Secretary, urged the Bank’s Governor Andrew Bailey to cut the current 5.25 percent base rate to "help everyone from business owners to mortgage payers". UKWORLDPOLITICSROYALUSWEATHERSCIENCEWEIRDHISTORYNATURESUNDAYInYourArea
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Slash interest rates NOW to give Britain a desperately needed boost, Bank of England told
Former Brexit secretary Sir David Davis among leading voices calling for Governor Andrew Bailey to cut interest rates to help businesses and mortgage payers.
By SARAH O'GRADY, Social Affairs and Education Editor
00:01, Thu, Feb 1, 2024
107BOOKMARK
Andrew Bailey David Davis
Sir David Davis, left, has urged Andrew Bailey to cut interest rates to help people paying mortgages.
A former minister has called on the Bank of England to play its part in boosting Britain by slashing interest rates today. Sir David Davis, the former Brexit Secretary, urged the Bank’s Governor Andrew Bailey to cut the current 5.25 percent base rate to "help everyone from business owners to mortgage payers".
“The Bank’s imperative right now for our country must be to develop growth,” he said. “We have to have higher salaries and payments for public services.
“The Bank’s part of that should be a cut in interest rates to help everyone from business owners to mortgage payers.” Experts discuss:

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Link to Original Article: Daily Express - Slash interest rates NOW to give Britain a desperately needed boost Bank of England told