Monday, December 3, 2007

BoE won’t be riding to the rescue this month for overstretched BTL landlords

Expectations for rate cut fade

Manufacturing activity unexpectedly strengthened in November while higher commodity prices drove factory gate inflation to a near record rate, according to a survey that will dampen hopes of a cut in interest rates at this week’s meeting of the monetary policy committee.

Posted by richc @ 03:08 PM (494 views)
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