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04 Dec 2008 07:00PM - Faisal Islam
Gordon Brown urges banks to pass on today's one per cent rate cut in the hope of boosting confidence and spending, reports Faisal Islam.
The Bank of England has cut interest rates again, by one per cent, from three to two per cent.
Gordon Brown outlines plans which will help homeowners facing repossession to keep their properties during the recession, reports Faisal Islam.
The Queen's speech is expected to focus on legislation to fight the economic slump.
After the collapse of the US sub-prime mortgage market, the global economy is in the throes of a credit crunch.
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