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IN BRIEF; CITYDESK For live business news visit.

|A YEAR after the Bank of England cut the base rate to 0.25 per cent, people who switch mortgages could save thousands. Moneyfacts have calculated borrowers on an average variable rate of 4.6 per cent who switch to the average five-year fixed rate of 2.8 per cent would save PS146.48 a month - a saving of PS8788.80 over five years. | THE AA yesterday sacked executive chairman Bob Mackenzie for gross misconduct. He became boss in 2014 after leading a management buy-in. Nonexecutive director John Leach replaces him. | BRITISH-American Tobacco are being investigated by the Serious Fraud Office over bribery allegations. The firm are running their own probe into claims of illegal payments made to East African politicians.

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Publication:Daily Record (Glasgow, Scotland)
Date:Aug 2, 2017
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