Clowgon
19-11-2008, 12:34 PM
There could be more cuts in UK interest rates, according to the minutes from the Bank of England meeting at which rates were lowered from 4.5% to 3%.
The Bank's nine-member committee voted unanimously for the cut on 6 November, but considered a bigger one.
I think Intrest rates like america is needed if it's to get this country up and running normally again. If they do cut it, i can see it going back up in mid may next year.
http://news.bbc.co.uk/1/hi/business/7737089.stm
The Bank's nine-member committee voted unanimously for the cut on 6 November, but considered a bigger one.
I think Intrest rates like america is needed if it's to get this country up and running normally again. If they do cut it, i can see it going back up in mid may next year.
http://news.bbc.co.uk/1/hi/business/7737089.stm