BRITAIN-FINANCE-BANKING

Apr 26, 2010 No Comments by admin

Brokers react to news of a 0.5% cut in the interest rate from The Bank of England, on ICAP’s dealing floor, in London, on October 8, 2008. The London stock market rebounded Wednesday from earlier losses after the Bank of England slashed interest rates as part of a coordinated move by major central banks amid the growing financial crisis. The FTSE 100 index of top shares was up 0.36 percent at 4,621.86 points at 1140 GMT after the Bank of England cut its key lending rate by a half-point to 4.50 percent. AFP PHOTO/Leon Neal

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