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Latest News

Bank of England cuts interest rates

by Personnel Today 8 Feb 2001
by Personnel Today 8 Feb 2001

The Bank of England has cut interest
rates by one quarter of one per cent – the first cut in 20 months.

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The
Monetary Policy Committee’s decision means that the official cost of borrowing
has dropped from 6 per cent to 5.75 per cent.

The
move reflects cuts by the US Federal Reserve in America.

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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