Mandelson urges banks to pass on rate cuts (Reuters via Yahoo! UK & Ireland News)

November 4, 2008

Mandelson urges banks to pass on rate cuts

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Business minister Peter Mandelson urged banks Tuesday to pass interest rate cuts on to customers as markets are preparing for the Bank of England to slash rates by 75 basis points later this week.

Hamilton: Lewis Learns His Lesson
Anthony Hamilton believes son Lewis will become a stronger driver as the years roll by as he is someone who learns quickly from his mistakes.

Australia central bank slashes rates again (Reuters via Yahoo! UK & Ireland News)
Australia's central bank cut its benchmark cash rate by a bigger-than-expected 75 basis points on Tuesday, in an increasingly urgent effort to save the economy from the recession rapidly engulfing much of the developed world.

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