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Have interest rates in UK been cut

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Dom Tuk | 12:24 Thu 20th Jan 2005 | Business & Finance
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Have interest rates in the UK been cut this month?? Just got a letter from Sainsburys Bank stating that they are cutting rates on their instant savings bank accounts. Why?? Did the bank of England cut rates in january
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No the BoE base rate hasn't gone down. At the last monetary policy committee meeting (or whatever they're called) last Thursday (13th Jan), they voted to keep the rate at 4.75%.

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