Management |ANALYSIS
What could the interest cut rate mean for retailers?
The Bank of England (BoE) has slashed interest rates to a record low of 0.25 percent, in an attempt to hold off a Brexit recession. It is first time in seven years that the Bank has announced a reduction, which sees interest rates at their lowest point since the Bank of England was founded in 1694. The decision is part of a larger package which...
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