2009-01-16 UK News Highlights

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Gieve Says Bank of England Rate Cuts Not Yet Felt

They are being felt- the economy is getting worse, until the budget deficit gets large enough.

UK Business Confidence At New Low, Fear Of Tough ’09 –Lloyds
Brown to Pledge 200 Million Pounds to Limit Home Repossessions
U.K. Stocks Rise for First Time in Eight Days; Royal Bank Gains