The cost of borrowing has reached its lowest level since early 2023
The Bank of England's cut the base rate of interest to its lowest level in almost three years.
The Monetary Policy Committee voted to reduce it from four to 3.75 percent.
It had been widely expected - particularly given a sharp drop in UK consumer inflation yesterday.
Treasury Minister Alex Allinson says it's good news:
Douglas pub to close its doors
H&B ending its tenure at the Manor in Willaston
Chief minister hints at more ministerial positions in the future
Chris Thomas announced his initial Council of Ministers yesterday
SPC warns passengers of possible traffic delays around Liverpool terminal
Ferry provider urgers travellers to allow extra time for their journeys
Charity seeks more male volunteers
Ed Space holding coffee shop recruitment drop-in