Bank of England Deputy Governor Sir John Gieve yesterday dwelled upon the significant damage which could be done to UK economic activity by tight credit conditions and tumbling house prices � fuelling hopes of a cut in benchmark interest rates before the year-end.
Bank of England Deputy Governor Sir John Gieve yesterday dwelled upon the significant damage which could be done to UK economic activity by tight credit conditions and tumbling house prices - fuelling hopes of a cut in benchmark interest rates before the year-end.
