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One rate cut is not enough says Bellway chief

Story date: 2007-12-06 05:53:00
Added on: 2007-12-06 22:17:22


Daily Telegraph - John Watson, the chief executive of housebuilder Bellway, said that yesterday's quarter-point interest rate cut from the Bank of England will not be enough to offset the gloomy sentiment hitting the housing market. He said: "One small interest rate ...


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