Money Links For 4th Sep 2008

  • Bank keeps UK interest rate at 5%
    The Bank of England has kept interest rates on hold at 5% for a fifth month as it struggles to deal with a slowing economy and soaring inflation.
  • House prices in double digit fall
    UK house prices recorded an annual fall of 10.9% in August – the first double digit drop since 1983 says the Halifax.

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