Time to map out a plan for Villa's future
- Says blogger Matthew Turvey
Interest rates cut to five per cent
Thursday 10th April 2008, 11:24AM BST.
The Bank of England today offered some help to struggling homeowners by cutting interest rates to five per cent.
The bank’s Monetary Policy Committee vote to bring rates down from 5.25 per cent at its monthly meeting today.
It is the third cut in recent months, aimed at helping the shrinking mortgage market and easing the growing strain on borrowers.
Give your views of the decision below
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too little too late
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It makes me wonder what the Government is upto!!
Getting the bank of England to reduce the rate is no good to the Over burdened…Over Taxed folk if there morgage provider does not PASS this on.
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