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Interest rates could drop to unseen lows

Written by Alex in Thursday, January 8th 2009   Tags: , ,    
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Small businesses around the country may be in for a little bit more luck as the Bank of England has announced that they are preparing to slash interest rates even further in an attempt to avoid having the country caught up too much in a recession.
The move would be a record breaking drop as the [...]

Small Businesses to reap the benefits of the 1.5% interest cut

Written by Alex in Friday, November 7th 2008   Tags: , ,    
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The Bank of England has heard the cries for help from the British public and made a mind-blowing one and a half per cent point cut in UK interest rates, the most dramatic cut in interest rates in Britain since 1981.  The cut brings the interest rate down to 3 per cent from a previous [...]

Calls for further interest rate cuts as service and manufacturing sectors remain fearful

Written by Alex in Wednesday, November 5th 2008   Tags: , ,    
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There have been desperate calls for a forceful cut in the level of interest rates as dismal figures from the UK’s manufacturing and service sectors have been uncovered.  A rate cut of 4.5 per cent is expected of the Bank of England on Thursday as it attempts to avert a devastating recession.
Information released on Wednesday [...]

Bank of England warned to cut rates

Written by Ric in Tuesday, September 2nd 2008   Tags: , ,    
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The British Chambers of Commerce (BBC) has warned that the Bank of England must cut interest rates if we are to avoid a recession.
David Kern, BBC economic adviser predicted that if the country is to survive the current slowdown, the next two to three months are crucial.
Interest rates have remained unchanged since April, and the [...]

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