british pound at 57.55pence to aussie , page-2

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    Certainly tumbling as the UK Bank of England have said they expect interest rates to stay low - presently 0.5%.
    Announcement today shows Annual inflation at minus 1.4%.

    UK debt for 2009 alone estimated at around £175 billion. Plans to sell £16 billion of Government assets and Councils told to selloff assets including buildings.
 
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