This ``bold'' cut is barely adequate
Those whose economic experience has been confined to the decade or so of steady growth and low inflation in the UK and the eurozone might be surprised to find me saying that the ``bold'' 1.5 percentage point cut in official interest rates announced by the Bank of England is barely adequate and will probably need to be followed by further cuts soon.
``Saw 3D'' cut a straight line to the top of the weekend box office.