UK interest rates slashed to 3%
The Bank of England slashes rates by one-and-a-half percentage points in a dramatic bid to stimulate the economy.
November 6, 2008
Economic worries push stocks down
Concerns about the state of the world economy send global stocks tumbling, losing their gains from earlier in the week.
UK interest rates cut to 3%
The Bank of England’s monetary policy committee slashed its key rate by an unexpected 1.5 percentage points to 3%, the lowest since 1955
Europe slashes interest rates
The European Central Bank cut borrowing costs by half a percentage point to 3.25% and the Bank of England slashes 1.5 percentage points of its main rate to 3%
Bank slashes rates by 1.5%
The Bank of England’s Monetary Policy Committee slashed its key rate by an unprecedented 1.5 percentage points to 3 per cent, underscoring the Bank’s deepening concern over a contracting economy
Obama hits the ground running
Barack Obama moved swiftly to capitalise on the momentum from his historic victory by announcing a string of senior appointments aimed at reassuring the markets and ensuring a confident transition to the presidency in January
Review: Shoreline Amphitheatre - Mountain View CA
The Contra Costa Times has a review of Tuesday night’s show at the Shoreline Amphitheatre in Mountain View, CA: Buffett takes Parrotheads back to ‘Margaritaville’ On Tuesday, the multi-millionaire singer who refuses to grow up, and who inspires his fans to follow his lead, brought his endless beach …