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