UK Finance News

Entries from February 2009

Interest Rate Cut To 1%

John Williams - Thursday 05.02.09, 14:59pm

The Bank of England has cut the base interest rate to an incredible all time low of 1% today, in a bid to get consumers and businesses spending again and drive the economy out of recession.
While the news was pretty much expected, many economists are looking for further reductions in the rate over the next [...]

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