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Quarter point cut in bank rate to head-off economic slowdown

MPC cuts bank rate to 5 per cent

Bank of England cuts interest rate by half point to 4.5 per cent

Bank Rate slashed to 3 per cent

Monetary Policy Committee reduces Bank Rate from 4.5 to 3 per cent

Interest rate cut to 2 per cent - the lowest level in 57 years

Bank rate has now fallen by 3 percentage points in the last three months