Bank of England slashes interest rates by 0.5%... but will it be passed on to homeown

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Bank of England slashes interest rates by 0.5%... but will it be passed on to homeown

8th October 2008, 12:20:PM

The Bank of England today slashed interest rates by 0.5 per cent in a desperate bid to quell the economic turmoil. But despite the reduction, there are some concerns that the saving will not be passed on to struggling homeowners.

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Tags: bank, economic, interest, rates, saving, turmoil

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Bank of England slashes interest rates by 0.5%... but will it be passed on to homeown

Bank of England slashes interest rates by 0.5%... but will it be passed on to homeown

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