The Caithness Business Index has posted the following article:

Bank Of England Announces Bank Rate Reduced To 5% On 1 August 2024

[IMG][/IMG] The Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. The MPC adopts a medium-term and forward-looking approach to determine the monetary stance required to achieve the inflation target sustainably. [Read Full Article]