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Tesco boss put pressure on Bank to cut rate (Guardian Unlimited)

Saturday, November 8, 2008

Tesco boss put pressure on Bank to cut rate (Guardian Unlimited)
The boss of Britain's biggest supermarket chain put pressure on the monetary policy committee to slash interest rates at a private meeting with the Bank of England's governor, Mervyn King, in the days leading up to this week's unprecedented 1.5 percentage point rate cut, the Guardian can reveal.


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