A LIVERPOOL business leader is today welcoming the half point cut in interest rates but says the banks now have to do their bit to help suffering small businesses.
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THE Bank of England was one of six major central banks to cut interest rates by 0.5% in a co-ordinated move that attempts to stem market chaos today.
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11.30 am - EUROPEAN markets all fell in early trading amid continuing fears about the state of credit markets, despite Britain's £50 billion rescue package for the banking system.
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THE Confederation of British Industry (CBI) has welcomed the banking measures announced by the government this morning but believes it must be followed by a half-point cut in interest rates.
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Sainsbury’s saw its shares tumble today after analysts worried that strong trading figures from the supermarket chain will be as “good as it gets”.
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RECRUITMENT company The Business Connection (TBC) plans to open ten new branches throughout the North West under a credit crunch-defying expansion plan.
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