Articles...
Dec 5 2008
INTEREST rates last hit 2% in 1951 and have not been lower since the Bank of England came into existence in 1694....
Dec 5 2008
BRITAIN’S base interest rate was slashed to 2% yesterday in a desperate bid by the Bank of England to kick-start the economy....
Nov 7 2008
BUSINESS leaders and professionals in Merseyside have welcomed the decision by Bank of England policymakers to slash interest rates to a 53-year low....
Nov 6 2008
The unexpectedly large cut of 1.5% was immediately welcomed by business leaders....
May 14 2008
MERVYN KING, the Governor of the Bank of England, came within one-tenth of a percentage point of having to pen a public letter of explanation to Chancellor Alistair Darling after yesterday’s publication of the Consumer Prices Index (CPI)....
May 6 2008
CITY analysts believe the Bank of England’s Monetary Policy Committee will not cut interest rates on Thursday, despite grim economic forecasts....
Apr 11 2008
ECONOMIC commentators in Liverpool last night welcomed the cut in UK interest rates to 5% – but warned that more cuts would be needed to avoid recession....
Dec 7 2007
FEARS that lenders would not pass on yesterday’s interest rate cut to customers eased last night when Halifax, Nationwide and First Direct all said they would apply the cut in full....
