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Base Rate Cut Predicted

By admin • Apr 10th, 2008 • Category: Bank-Accounts, Investments, Lead Story, Property

Bank tipped to cut base rate by 0.25%
Analysts are speculating that the Bank of England’s monetary policy committee to will chop interest rates this week, amid signs of an economic downturn, bringing the key base rate of interest to 5%.
A study from the Halifax yesterday showed that house prices slumped 2.5 per cent during […]