Bank of England's monetary policy committee gathers to decide what to do about intere

[Legal Beagles]

City stunned by 1.5% cut in interest rates - but banks fail to pledge to pass it on t


The Bank of England today stunned the City by slashing interest rates by 1.5% to 3% - bringing them to their lowest level since 1955.

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[Legal Beagles]

Bailed-out bankers refuse to say if they'll pass on massive 1.5% interest rate cut to


The Bank of England today stunned the City by slashing interest rates by 1.5% to 3% - bringing them to their lowest level since 1955.

More...