• Short Summary

    News that the Bank of England cut the British bank rate from 6 per cent to 5 per cent, sent messengers rushing through the streets of London, Oct 27, to inform City business houses.

  • Description

    News that the Bank of England cut the British bank rate from 6 per cent to 5 per cent, sent messengers rushing through the streets of London, Oct 27, to inform City business houses.

    The new bank rate will not affect bank loans or mortgage rates, and should not create much interest on the London Stock Exchange. Several large business houses have stated that the change means nothing to business world and will not give a new impetus to the economy.

  • Tags

  • Data

    Film ID:
    VLVA2VJ4ZBFLBL8SXOAJP6TSZGJZW
    Media URN:
    VLVA2VJ4ZBFLBL8SXOAJP6TSZGJZW
    Group:
    Reuters - Incuding Visnews
    Archive:
    Reuters
    Issue Date:
    27/10/1960
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:00:42:00
    Time in/Out:
    /
    Canister:
    N/A

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