ECB has cut it's key interest rate

There's a nice pre-Christmas present for those on tracker mortgages. The European Central Bank has cuts its key interest rate by a quarter of one percent. It leaves the rate at a new historic low of just zero point two five percent. Business anaylst Ian Guider says it means those with tracker mortgages will see their repayments fall from next month. Press PLAY button above to listen to the audio

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