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  1. Lloyds TSB to pass on full rate cut (Channel 4)
    Lloyds TSB announced it was passing on the full 1.5% cut in interest rates to its variable rate mortgage customers. The group, which also lends under the Cheltenham & Gloucester brand, is reducing its standard variable mortgage rate (SVR) from 6.5% to 5% from November 1.
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    Embattled Superintendent Edna Davis-Herring of the Rialto Unified School District abruptly resigned at a school board meeting Wednesday night, putting an end to a contentious relationship with the district's teachers union.
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