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UK base rate cut to 5 percent (AP)

Started by riky, April 10, 2008, 01:20:18 PM

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riky

UK base rate cut to 5 percent
    (AP)

 


AP - The Bank of England, acting to stimulate a slowing economy, cut its base lending rate by a quarter-point to 5 percent on Thursday, the lowest level in 17 months.


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