Bank of England

                   

Bank cuts interest rates to 2 percent

reuters.com
4 hrs ago 6 related
        

By Fiona Shaikh LONDON (Reuters) - The Bank of England is expected to slash interest rates to their lowest in more than half a century later on Thursday amid mounting evidence the rapidly sinking economy may be heading for a...

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dailymail.co.uk: pound euro dailymail.co.uk

Sterling hits record low against euro

guardian.co.uk
4 hrs ago 12 related
        

Sterling ploughed new depths this morning ahead of the Bank of England's decision on interest rates. The pound fell to an all-time low of just €1.1503 against the euro, continuing its rapid loss in value in recent weeks. It...

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telegraph.co.uk: Gordon Brown - Government to pay mortgage interest for two years if you lose your job telegraph.co.uk

Government criticised over plan to help mortgage holders avoid repossession

telegraph.co.uk
6 hrs ago 82 related
        

The Government has been criticised after it admitting it does not know how many people will benefit from its plan to help people defer mortgage payments if they lose their jobs and fear repossession. He said: "The difficulty...

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FTSE higher after 100 basis point rate cut

ft.com
4 hrs ago 72 related
        

London equities were higher on Thursday, after the Bank of England met dovish, consensus market expectations with a rate cut of 100 basis points taking the cost of lending to 2 per cent, its lowest level since 1939.

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Sweden slashes rates to 2%

ft.com
7 hrs ago 4 related
        

By David Ibison in Stockhol Sweden’s central bank cut interest rates by an unprecedented 175 basis points to 2 per cent on Thursday, underlining the dramatic impact of the global economic downturn on the country’s export-based...

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dailymail.co.uk: queen elizabeth dailymail.co.uk

Interest rates cut: sterling recovery unlikely

telegraph.co.uk
2 hrs ago 2 related
        

Currency experts have warned that the Bank of England's decision to cut interest rates to 2pc is unlikely to lead to any recovery in the value of sterling. The pound has fallen against the dollar from a high of $2.0334 in March...

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Inflation drops in November

bikebiz.co.uk
2 hrs ago 72 related
        

Jonathon Harker Today, 12:03pm Be first to comment Shop price inflation falls for third consecutive month, but Bank of England must do more to help retail, says BRC November saw a drop in shop price inflation – falling to 2.7...

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Hot small caps: Housebuilders up as rate cut looms

tiscali.co.uk
4 hrs ago 2 related
        

LONDON (Reuters) - Following is a round-up of key small cap movers on the London stock market on Thursday. 11:05 a.m. - Housebuilders up as rate cut looms Shares in housebuilders surge on the expectation that the Bank of...

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Savings account providers review interest rates after base rate cut

guardian.co.uk
1 hr ago 3 related
        

Interest rates on savings accounts are under review following today's 1 percentage point cut to the Bank of England base rate.David Black of financial analysts Defaqto said: "With last month's base rate cut, fixed-rate bonds...

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FTSE gives up gains as Wall St opens down

ft.com
1 hr ago 1 related
        

London equities gave up earlier gains as Wall Street stocks fell on opening. The Bank of England met market expectations with a rate cut of 100 basis points taking the cost of lending to 2 per cent, the lowest level since 1951....

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