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UK interest rates slashed to 3%
Wednesday, 15th of October 2008
The Bank of England has cut interest rates in the UK by one-and-a-half percentage points to 3%, its lowest since 1955, in a shock move. Last month it cut rates from 5% to 4.5% in an emergency move co-ordinated with other central banks. There had (...)
Rental demand ‘going through the roof'
Friday, 5th of September 2008
House sales in the UK are plummeting, but the UK lettings market is soaring as a result. According to new data from estate agent Your Move, a leading UK lettings agent, demand for rented accommodation in June grew 38% year on year. Lease commencemen (...)