Bank Rate is reduced to 6 percent as the balance of payments position temporarily improves.
Great Britain · Government / Labour Party Government. Chronological records rendered directly from the World History Database.
Bank Rate is reduced to 6 percent as the balance of payments position temporarily improves.
Bank Rate is reduced to 5.5 percent as the Government cautiously relaxes credit conditions.
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.