Interest rate fall hopes keeps FTSE buoyant

Hopes of a fall in British interest rates helped the London market to keep its head above the 5100 threshold today.

Interest rate fall hopes keeps FTSE buoyant
Thu, 23 Jun, 2005 - 14:07

Hopes of a fall in British interest rates helped the London market to keep its head above the 5100 threshold today.

Investors in banking stocks continued to take heart from yesterday’s news that two members of the Bank of England’s Monetary Policy Committee voted for a cut in rates.

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CourtsBusinessHeathrowPlace: LondonOrganisation: FTSEOrganisation: Bank of England’sOrganisation: Monetary Policy CommitteeOrganisation: Northern RockOrganisation: Royal Bank of ScotlandOrganisation: Lloyds TSBOrganisation: HSBCOrganisation: Barclays
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