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Farming's financial burden set to continue despite interest rate cut

It was bad news for Chancellor Rachel Reeves as growth prediction slumped and inflation looked set to rise

Jane Thynne
Head of News and Business
clock 鈥� 2 min read
Bank of England announces interest cut
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Bank of England announces interest cut

Farmers are likely to face high interest rates for 鈥榯he foreseeable future' despite a cut in the base rate, according to a rural economist. The Bank of England yesterday announced a new base rate of...

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