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FOR SALE SIGNS ADORN LONDON STREET, 1998-10-08 (photo)

IMAGE number
REU8272439
Image title
FOR SALE SIGNS ADORN LONDON STREET, 1998-10-08 (photo)
Auto-translated text View Original Source
Medium
photograph
Date
1998 AD (C20th AD)
Shooting Date
1998-10-08
Image description

'For Sale' boards adorn a West London street on the day that the Bank of England announced a 0.25 per cent drop in the rate of interest, October 8, sparking a consequential drop in mortgage rates from some of the country's biggest lenders. Manufacturers and exporters had been lobbying the Bank of England and the Government to lower rates of interest to weaken the value of the pound and encourage economic growth. PS/SB

Photo credit
REUTERS / Bridgeman Images
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