No favours for UK PLC through lower interest rates says BoE's King

Story date: 2007-10-09 01:21:00
Added on: 2007-10-09 19:51:44

Forbes - BELFAST (Thomson Financial) - The Bank of England will not lower interest rates ... role in the Northern Rock debacle which saw an unprecedented run on the mortgage ... The only way to avoid that would have been to offer to lend to all banks at a ...


Read more...

Related Stories:

• No favours for UK PLC through lower interest rates says BoE's King (Sharewatch)

  BELFAST (Thomson Financial) - The Bank of England will not lower interest rates simply to make it easier for the financial sector,...
  2007-10-09 12:16:21

• (AFX UK Focus) 2007-10-09 20:25 GMT: No favours for UK PLC through lower interest rates says BoE's King (Interactive Investor)

  BELFAST (Thomson Financial) - The Bank of England will not lower interest rates simply to make it easier for the financial sector,...
  2007-10-09 12:54:45

• Bank of England, European Central Bank likely to be mixed in interest ...

  Minneapolis Star Tribune - europe interest rates 020608 ... In London, the Bank of England is all but expected to notch its...
  2008-02-06 10:30:00

• Brown on Wall Street: Bank of England MUST cut interest rates further ... - Daily Mail

  Gordon Brown made it explicitly clear for the first time yesterday that the Bank of England must cut interest rates further. He...
  2008-11-15 05:47:00

• UPDATE: U.K. Inflation Surprises Economists, Holds Steady In November

  FXStreet.com - But the lower-than-expected U.K. inflation reading means the Bank of England should still be able to cut interest rates in...
  2007-12-18 05:00:00

• OECD sees room for lower UK interest rates, assumes Dec rate cut

  Forbes - LONDON (Thomson Financial) - The OECD believes there is room for the Bank of England (BoE) to lower interest rates...
  2007-12-06 02:16:00

• Bank of England says interest rates must fall, says global financial ...

  CNBC - LONDON - The Bank of England signaled Wednesday that interest rates will need to ... are predicated on expectations that...
  2007-11-14 05:33:00

• ECB, BoE poised to cut rates Thursday (AP via Yahoo! Finance)

  The European Central Bank and the Bank of England are both expected to cut interest rates Thursday as they face sharply...
  2008-11-03 09:33:10