BoE Interest Rate Cuts & Effects on Business

VOICED: The Bank of England is widely expected to cut interest rates today to the lowest rate in the bank's history. A cut of a quarter of 1 percent would be good news for many mortgage holders, but bad news for savers and some pensioners. The bank may also voice its concerns about the prospects for the UK economy following the Brexit vote. Sky's Ed Conway reports on August 4, 2016 in London, England.
VOICED: The Bank of England is widely expected to cut interest rates today to the lowest rate in the bank's history. A cut of a quarter of 1 percent would be good news for many mortgage holders, but bad news for savers and some pensioners. The bank may also voice its concerns about the prospects for the UK economy following the Brexit vote. Sky's Ed Conway reports on August 4, 2016 in London, England.
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DETAILS

Editorial #:
586896672
Collection:
Sky News
Date created:
04 August, 2016
Upload date:
Licence type:
Rights-ready
Release info:
Not released. More information
Clip length:
00:02:34:17
Location:
London, England, United Kingdom
Mastered to:
QuickTime 8-bit Photo-JPEG HD 1440x1080 25i
Source:
Sky News
Object name:
bef-659781251-kbn-boeinterestp211800we-home.mov