Interest rates ‘could hit 1%’ as Bank of England predicts inflation to plummet

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Interest rates ‘could hit 1%’ as Bank of England predicts inflation to plummet
Substantial rate cuts into next year were on the cards today after the Bank of England forecast inflation to fall below 1% and said the economy would need a substantial boost

London close: Late sell-off cuts lead
ShareCast – A dreadful start on Wall Street following worst ever retail sales figures took the shine of a positive session for London, which eventually closed moe than 100 points off its best levels.

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