Bank of England urged to cut rates

April 9, 2008
Industry commentators are urging the Bank of England to cut interest rates tomorrow, to help ease the housing market downturn.The Halifax's latest house price index shows prices fell again in March, by 2.5% - the largest monthly fall seen since the 1990s.A rate cut announcement by the Monetary Policy Committee, which meets tomorrow (April 10) would provide welcome news, but …

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