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Interest Rates

 The Bank of England Base Rate should fall by 25 basis points later this month, despite being within the current period of election campaigning.  It is time for interest rates to start falling to boost household spending and give relief to hard-pressed home-owners.

UPDATE AS AT 13 JUNE:

With the economy flatlining, the case for an interest rate reduction next Thursday has become even stronger.  The Bank of England should not worry about politics when altering the rate.

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