UK 04-12-2008 Bank of England cuts rates to historic low The Bank of England has announced a cut in interest rates in an effort to stave off the threat of prolonged recession The Bank of England has announced a one-percentage…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #bank#Bank of England#interest rates#recession#unemployment