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How a 28 Year Old Man Destroyed England’s Oldest Bank
One man. One mistake. A financial disaster that shook the world. At just 28 years old, a rogue trader brought down Barings Bank—England’s oldest and most prestigious financial institution. But how did ...
Bank of England cuts interest rates to 4.5% as it downgrades growth forecast
The Bank voted to reduce the cost of borrowing on Thursday, but slashed its growth forecasts for the UK economy.
Interest rates live: Bank of England cuts interest rates to 4.5% but UK growth downgraded
Bank MPC votes to cut borrowing costs but also slashes short-term growth forecasts for economy in blow to Rachel Reeves ...