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UK interest rates slashed to 3% - BBC Business

Story date: 2008-11-06 07:31:00
Added on: 2008-11-11 10:19:04


The Bank of England has cut interest rates in the UK by one-and-a-half percentage points to 3%, its lowest since 1955, in a shock move. Last month it cut rates from 5% to 4.5% in an emergency move co-ordinated with other central banks. There had been ...


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