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Exact(20)
Last month, three MPC members favoured a quarter point cut.
Remember that the campaign is proposing a 3 percentage point cut in corporation tax as well.
Letters to customers state that it will not, at this point, cut rates below 0.1%.
A range of other accounts will be subject to a 0.25 percentage point cut.
It will take more than a one-half point cut to reduce these companies' borrowing costs.
Given the gloom, up to a percentage point cut was what had been expected today.
Similar(40)
Logistical reasons often suggest that a particular trial or study ends at a prespecified time point (cut-off time).
Some are tipping a half-point cut.
Markets expect a half-point cut by year-end.
It was the fourth half-point cut since January.
Analysts expect another half-point cut this summer.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com