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Old 09-21-2007, 10:44 AM
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Post Borrowers will benefit from bank injection

The Bank of England has recently announced that it will pump £10 billion into the UK economy in the form of loans to Banks that will use mortgages and other assets as security.According to the Council of Mortgage Lenders (CML), this is good news for borrowers. The Financial Times has said this move is surprising, [...]

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