BRITAIN-SHEFFIELD-INTEREST RATE REDUCTION-SUPERMARKET

(241108) -- SHEFFIELD, Nov. 8, 2024 (Xinhua) -- A woman shops in a supermarket in Sheffield, Britain, Nov. 7, 2024. The Bank of England (BoE) on Thursday reduced interest rates for the second time this year, setting the rate at 4.75 percent, a 0.25 percentage-point decrease from the previous 5 percent.

This adjustment brings rates to their