Economic Growth 'Won't Derail Rates Cut'

Summary


A CUT in interest rates is still on the cards despite yesterday's revelation that the UK economy grew faster than previously estimated in the first half of the year.

Economists predicted that second-half GDP growth would weaken substantially in the wake of the global credit crunch.

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Extract


Economic Growth 'Won't Derail Rates Cut'

Confirming growth of 0.8 per cent in the second quarter of 2007, the Office for National Statistics (ONS) yesterday revise...

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