Monday, 7 January 2008

Calls to Cut Interest Rates

The Bnk of England this week faces calls to cut interest rates to save the UK economy. Financial experts are calling for the bank to cut rates as they claim the economy is on the brink, but the Bank of England (which announces it's decision on Thursday) will also be considering rising inflation, fuelled by rising oil prices. Generally, analysts predict the interest rate remaining untouched.

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