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	<title>eCommerce blog by wdsl &#187; Interest Rates</title>
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		<title>UK interest rates slashed to 3%</title>
		<link>http://blog.wdsinternet.com/2008/11/06/uk-interest-rates-slashed-to-3/</link>
		<comments>http://blog.wdsinternet.com/2008/11/06/uk-interest-rates-slashed-to-3/#comments</comments>
		<pubDate>Thu, 06 Nov 2008 16:17:40 +0000</pubDate>
		<dc:creator>Nigel Brown</dc:creator>
				<category><![CDATA[Retail]]></category>
		<category><![CDATA[Interest Rates]]></category>

		<guid isPermaLink="false">http://blog.wdsinternet.com/?p=62</guid>
		<description><![CDATA[The Bank of England has made a shock one-and-a-half percentage point cut in UK interest rates to 3%, the lowest level since 1955.
The size of the cut &#8211; the most dramatic since 1981 &#8211; signals the Bank&#8217;s concern the UK is heading for a long recession, the BBC&#8217;s economics editor says.
It follows an emergency cut ]]></description>
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