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Bank of England cut base rate by a whopping 1.5%

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Posted by Nanu
It has just been announced that the Bank of England has lowered the base rate by 1.5% taking it from 4.5% to 3%

Big question is will this be past on to us!?


EDIT: more info now available from the Beeb!
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[ This Message was edited by: Nanu on 2008-11-06 12:07 ]

Posted by MWEB
The financial institutions will milk something out of that i'm sure Nanu, that whole sector is riddled with greed since de-regulation.

Posted by pmerryman
Just hope that the Nationwide pass this onto me.


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