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December UK interest rate cut unlikely despite GDP slowdown; vaccine-maker shares hit by RFK Jr nomination – business live

December interest rate cut unlikely despite summer slowdown High interest rates also weighed on the UK economy over the summer. The Bank of England kept interest rates at a 16-year high of 5.25% until August, when it cut them to 5% (followed by a cut to 4.75% last week). Suren Thiru, ICAEW economics director, suspects […]