Banks lending rate rises sharply updates news aggregator

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the interest rate at which banks lend money to each other, ite has soared overnight to record levels, says the british bankers' association (bba) .

the rise came despite huge cash injections by central banks after the rejection of the us bail-out plan .

Generated 2008-10-5_8:26

http://news.bbc.co.uk/go/rss/-/1/hi/business/7644133.stm
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