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BBA warns against legislating in haste

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  • BBA warns against legislating in haste

    The banking industry needs more time and more talks to ensure swingeing reforms to regulation do not have unintended consequences on the economy, the BBA said today.

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  • #2
    Bank cuts interest rate to 5 per cent

    Bank of England policymakers cut interest rates to 5 per cent today in the latest attempt to shore up the economy in the face of a deepening credit crisis.


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    • #3
      Bank lowers interest rates to 5%

      The Bank of England cuts the cost of borrowing to 5% from 5.25% to shore up the UK's slowing economy.

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      • #4
        Interest rates cut by just 0.25% to 5%... but will the banks pass it on?

        The Bank of England has slashed interest rates to five per cent. It is the third time since December the base rate has been cut but homeowners and borrowers are unlikely to benefit as many lenders are not expected to pass on the cut to their customers

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        • #5
          Bank Of England Decision On Interest Rates

          The Bank of England has cut interest rates by 0.25% to 5%.

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          • #6
            Relief for homeowners as banks pledge to pass on interest rates cut

            The Bank of England has slashed interest rates to five per cent. It is the third time since December the base rate has been cut and some of Britain's biggest mortage lenders have immediately pledged to pass it on to homeowners in full

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            • #7
              Interest rates cut to 5% as credit conditions worsen

              The Bank of England's monetary policy committee today cut interest rates by a quarter of a point to 5% in an attempt to counteract the effects of the global credit crunch on mortgage markets

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              • #8
                Mixed news for borrowers as base rate falls

                Nationwide and A&L increase rates for new borrowers despite Bank of England cut

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                • #9
                  Bank Of England Decision On Interest Rates

                  The Bank of England has cut interest rates by 0.25% to 5% in an attempt to shore up the economy.The quarter-point cut is the third since December and follows a raft of gloomy economic forecasts.

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                  • #10
                    Bank Of England Policymakers Cut Interest Rates By 0.25%

                    As expected the Bank of England's policy makers have cut interest rates by 0.25% to 5% in an attempt to shore up the economy.

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                    • #11
                      Will we see rates as low as 3.5%?

                      The Bank of England has clearly woken up to just how bad things are out there

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                      • #12
                        Bank Of England Policymakers Cut Interest Rates By 0.25%

                        As expected, the Bank of England's policy makers have cut interest rates by 0.25% to 5% in an attempt to shore up the economy.

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                        • #13
                          Re: Will we see rates as low as 3.5%?

                          what the hell happened to this thread?
                          Last edited by stevokenevo; 11th April 2008, 07:37:AM.

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                          • #14
                            Bank cuts interest rates by 0.25%... but not everyone will benefit

                            The Bank of England has cut interest rates to five per cent. It is the third time since December the base rate has been cut but there are already calls for another reduction next month because it could be too little to stave off the credit crisis

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                            • #15
                              Bank cuts interest rates by a quarter point... but not everyone will benefit

                              The Bank of England has cut interest rates to 5 per cent. It is the third time since December the base rate has been cut but there are already calls for another reduction next month because it could be too little to stave off the credit crisis

                              More...

                              Comment

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