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Interest Rate Decision - 6th September 2007

Interest Rate decision : Bank of England - 6th September 2007

The Bank of England decided to keep interest rates at 5.75% for September.

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Because the Bank of England has kept interest rates at 5.75%, the cost of a loan will not increase because of the rate at which the Bank of England has set it's interest rate.

Although this is good news for borrowers, it is still possible that loan interest rate may increase. This is due to other factors, such as the cost supplying you money.

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