Bank of England cuts interest rates but warns it's not 'job done'
The Bank reduced rates from 5.25% to 5%, releasing some pressure on borrowers, writes ITV News' Business and Economics Editor Joel Hills.
The Bank reduced rates from 5.25% to 5%, releasing some pressure on borrowers, writes ITV News' Business and Economics Editor Joel Hills.
A spokesperson said the lack of orders was down to there being enough coins already in circulation, as cash use continues to decline.
The Bank said it was working with other organisations to resolve the issue urgently.