The UK's Premier Agricultural Machinery and Technology Show

20–21 January 2027, NEC, Birmingham

Event Details

Cut to interest rates 'good news' for farmers

The cut marks the first reduction since the pandemic

Alex Black
Deputy Editor
clock • 2 min read
Cut to interest rates 'good news' for farmers

The Bank of England (BoE) has reduced interest rates for the first time since March 2020, with rates down from 5.25% to 5%. However, BoE governor Andrew Bailey has said there was unlikely to be a flurry...

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