Shock as interest rates are cut
Published:
12:04 PM October 8, 2008
Updated:
5:31 AM February 18, 2021
INTEREST rates were today cut by 0.5 per cent in a surprise move by the Bank of England.
INTEREST rates were today cut by 0.5 per cent in a surprise move by the Bank of England.
The rates were due to be reviewed tomorrow, but the Bank brought the move forward - and prompted an instant recovery in the stock market.
