United Kingdom
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Friday, 29 August 2008
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| View All Articles About 'England' |
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| 31. |
Bank seen cutting interest rates in June
The Bank of England is expected to hold off on cutting interest rates from 5.0 percent until June as it battles to control high inflation in the face of a flagging economy and financial turmoil, a Reuters poll shows.
01 May 2008 |
| 32. |
MPC divided over rate cut decision
Minutes from the Bank of England's Monetary Policy Committee (MPC) show that the interest rate setting body was divided over the decision to reduce interest rates to 5.0 per cent this month.
23 Apr 2008 |
| 33. |
Bank to unveil 50 billion pound mortgage plan
Britain will try to ease the effects of a credit crunch on borrowers by unveiling plans on Monday to swap government bonds worth 50 billion pounds for banks' riskier mortgage debt.
21 Apr 2008 |
| 34. |
Bank eyes 50 bln pounds mortgage rescue
The Bank of England will next week announce plans to swap 50 billion pounds of government bonds for UK bank mortgages in an effort to break a lending squeeze gripping the home loan market, the BBC said on Friday.
19 Apr 2008 |
| 35. |
Bank close to terms for mortgage intervention
The Bank of England is close to finalising the terms for an intervention in the mortgage market, the Financial Times reported, after leading bankers warned the government on Tuesday over the growing strain on small lenders.
14 Apr 2008 |
| 36. |
Bank cuts rates to 5 pct
The Bank of England cut interest rates for the third time in five months on Thursday to cushion the economy from the global credit squeeze, despite persistent worries about rising inflation.
07 Apr 2008 |
| 37. |
Bank set to cut interest rates
A majority of economists expect the Bank of England to cut interest rates on Thursday after a raft of weak economic signals tipped the balance in favour of lower borrowing costs.
07 Apr 2008 |
| 38. |
Tucker says Bank can only partly cushion credit blow
The Bank of England aims to cut interest rates gradually to cushion the blow from the credit crunch but may need to let the economy slow to curb inflation, policymaker Paul Tucker said on Wednesday.
31 Mar 2008 |
| 39. |
Banks meet BoE as industry jitters persist
Liquidity, rumour-mongering and housing market troubles top the list of subjects for discussion when Britain's top bankers meet senior officials from the Bank of England on Thursday.
17 Mar 2008 |
| 40. |
Bank voted 7-2 for steady rates in March
Two Bank of England policymakers opposed this month's decision to keep interest rates at 5.25 percent, minutes showed on Wednesday, leading markets to price in a greater chance of another cut as soon as next month.
17 Mar 2008 |
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