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:
Funding of government services 'not sustainable'
Chief financial officer says a review of service levels is needed
Douglas Council object to DoI plans for temporary parking on Summerland site
Department is looking to have 32 spaces available to residents and visitors
Surgeon announces he's standing in General Election
Andre Risha will be seeking a seat in the constituency of Middle
'Bridging the care gap' focus of World Parkinson's Day
We hear from Parkinson's Disease Society Isle of Man
