Bank of England comes under pressure to slash interest rates
Pressure was mounting on the last night to deliver an unprecedented cut in interest rates tomorrow as a rush of figures showed the economy heading deeper into …
HBF calls for 1% interest rate cut - ‘Government must then insist cuts are passed on to consumers’
The HBF is calling on the Monetary Policy Committee to cut interest rates by a full percentage point this week to assist the housing market, so vital to the wi…
Calls for a 1pc cut grow
There has not been a cut of this size since the depths of the last recession in 1992. However, experts warned that the bank often acts 'too late' and said 'bol…
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