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UK's Reeves promises 'guardrails' around extra borrowing in budget

British finance minister Rachel Reeves plans to implement 'guardrails' for investment borrowing while revising fiscal rules, aiming to ensure growth without excessive public debt amid tax increases.

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Cautious Bank of England hold rates, extends bond reduction plan

The Bank of England held interest rates at 5.0%, showing caution on future cuts, while continuing quantitative tightening and maintaining a focus on inflation pressures.

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Bank of England to deliver one more rate cut this year, economists say: Reuters poll