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:
New TT schedule prioritises Senior Race
Likelihood of racing on Thursday "low"
Sidecars excluded from Southern 100
Temporary pause’ to safeguard long-term future of category
No reports of spiked drinks so far this TT say police
But officers issue advice on how to stay safe
TT Fan Park to reopen
Ground conditions improve after contractor delivers woodchips
