Lower interest rates unlikely to boost growth

Inside: Secured Loans UK

Lower interest rates unlikely to boost growth
LONDON (Reuters) – The country’s economy shrank 0.5 percent in the three months to October, and lower interest rates are unlikely to help boost growth, a leading think-tank said on Thursday.

Commentary: Pain not over yet after rate cut
(Melanie Bien is director of independent mortgage broker Savills Private Finance. The opinions expressed are her own)

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