Tuesday, 10 February 2009

Bank of England Cut Rates Down to 1%

The Bank of England Cut interest rates by a further 0.5% yesterday, they are now at a low of 1%.�� This new cut signifies the 5th cut since October when the interest rates stood at 5%.� This new rate is the lowest level in its history.
The Bank of England is showing signs of desperation in [...]

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[Source: Investment Property Guru Blog]

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