Interest rates cut again

INTEREST rates have been slashed to another all-time low of 0.5% today, as the Bank of England announced that billions of pounds of new money will be printed.

INTEREST rates have been slashed to another all-time low of 0.5% today, as the Bank of England announced that billions of pounds of new money will be printed.

The so-called quantitative easing will see �75 billion pumped into the economy over the next three months in a bid to battle the recession.


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