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Calls for rate cuts intensifies

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04-08-2008, 03:30 PM

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Calls for rate cuts intensifies

Business in London are urging the Bank of England to cut interest rates when it meets on Thursday to make borrowing cheaper and boost economic growth. The London Chamber of Commerce (LCC) has established over half of businesses expect trade to slow this year, up from 9% a year ago and 25% on 31 December. [...]

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