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BoE Governor: Interest rates will stay very low 'for some time'

The Bank of England Governor has reassured borrowers that interest rates will stay very low "for some time" after the unemployment rate fell to just 0.1% above the 7% threshold at which he originally said the Bank will consider putting rates up.

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Cameron backs George Osborne over minimum wage

David Cameron today backed Chancellor George Osborne's call for an increase in the minimum wage but not to the extent of overruling the Low Pay Commission, which makes the decision:

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