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UK News
The average five-year fixed rate is now 4.99%, falling below 5% for the first time since 2023.
The US and EU have released details of the new trade deal reducing tariffs between teh two partners.
The move by the UK's largest supermarket is the latest example of rising food prices.
The retailer has drafted in auditors to review the issue and slashed its profit guidance.
Borrowing last month was the lowest July figure for three years, following rises in tax and National Insurance receipts.