Interest Rate 07 12 2007 - News Archive

Interest Rate

The Bank of England has cut the base rate from 5.75% to 5.5% this is the first cut since early 2001. There is expected to be another interest rate cut and this should be announced in about two weeks time. It is thought that this is not a one off cut and more reduction may be made next January or February time.
 
:: Added on: 07:12:2007 ::

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