Thursday, Nov 09, 2006

5% as reported by FT UK interest rates raised to 5 per cent

(Just in case no one has posted this yet:)

Interest rates hit 5 per cent and the highest level in five years after the Bank of England on Thursday raised the cost of borrowing in an attempt to curtail inflation. The Bank cited firm economic growth, a positive global outlook and the continued rise in asset prices among the reasons for the move.

Posted by dohousescrashinthewoods @ 01:39 PM (401 views)
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