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

clock • 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 ‘the 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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