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  • Leading article: This rate cut is not just about credit, but confidence too (Independent)
    In the end, the massed ranks of business lobbyists, economic commentators and politicians got even more than they had been shouting for. The Bank of England yesterday cut interest rates by 1.5 percentage points, the biggest single reduction in 27 years. The base borrowing rate now stands at its lowest level in half a century.
    www.independent.co.uk
  • Look out for higher interest rates on your credit cards (11 News Houston)
    Many people are seeing their credit card interest rates skyrocket. It’s proven to be yet another obstacle for consumers stuck in the money crunch.
    www.khou.com
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