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3G UK as Parents Move to Live With Children

More than 80,000 UK households are now 3G families with three generations living together as financial pressures force adults with children to provide support to their elderly parents, according to new research from Prudential.

Bank of England reduces bank rate by 0.25 percentage points to 5.0%

The Bank of England's Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 0.25 percentage points to 5.0%.

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