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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 244.90-1.7%11:23 AM EST
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To: craig crawford who wrote (134413)11/8/2001 1:15:17 PM
From: H James Morris  Read Replies (1) of 164684
 
Craig, who can beat Japans interest rate?
The Bank of England has cut its main interest rate by a half-point to 4%.
This is the seventh cut the Bank has ordered this year, as Britain strives to shield its economy from the global slowdown, and takes UK rates down to their lowest level since January 1963.

The cut was more aggressive than had been expected, and will please industrialists and unions, which had earlier called for action to boost Britain's flagging manufacturing sector.
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