BoE: Rates 'set to stay on hold'

The Bank of England is this week expected to disappoint British retailers hoping for a further cut in interest rates in the build up to Christmas.

BoE: Rates 'set to stay on hold'
Sun, 06 Nov, 2005 - 10:37

The Bank of England is this week expected to disappoint British retailers hoping for a further cut in interest rates in the build up to Christmas.

Clothes retailers in particular will be hoping for a cut as reports suggest that the unseasonably warm weather during October decimated winter clothing sales.

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