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Have smaller sized notes handy – some enterprises might not accept more substantial ones, although this received’t commonly be a challenge in larger metropolitan areas

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Ms Selfin carries on: "Irrespective of present-day selection, the language in the assertion still leaves the doorway open for even more easing."

But a weakening labour market "really should see interest fees getting Slice in November" regardless of Main inflation, she suggests.

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The head of Britain's monetary watchdog has warned the united kingdom overall economy faces an "uphill fight" without better financial education in schools.

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