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Interest rate cut: good news for mortgages, bad news for savers If the Bank of England cuts rates to 0.25%, it will benefit home-buyers, but once again savings will be hit Those with large tracker mortgages can prepare to break out the prosecco. If you rely on savings income, it's more brown ale for you - or even water. Next week the Bank of England is expected to cut interest rates for the first time in seven years - and whether you welcome the expected 0.25% cut will largely depend on which of the camps you find yourself in. Two weeks ago City analysts wor...
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