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Interest rates: Cut expected by the Bank of England

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Summary
Nutrition label

86% Informative

Analysts say a cut to 4.25% from 4.5% by the Bank of England is highly likely.

Announcement will come at 12:02 BST, following a two-minute silence to mark VE Day .

If a cut is confirmed, it would be the fourth rate reduction from last year's peak of 5.25% , and the second this year .

A cut would make borrowing money by businesses and individuals less expensive.

VR Score

92

Informative language

93

Neutral language

83

Article tone

semi-formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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