UK lenders say unable to pass on BoE's interest rates cuts - CNBC

Story date: 2008-04-23 01:35:00
Added on: 2008-04-25 00:37:40

LONDON (Thomson Financial) - Lenders have told UK Chancellor of the Exchequer Alistair Darling that they can not immediately help struggling mortgage holders by passing on cuts in the Bank of England's interest rates, despite the BoE's liquidity ...


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