Menu
05/05/2011
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%.
The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion.
The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.5% on 5 March 2009. A programme of asset purchases financed by the issuance of central bank reserves was initiated on 5 March 2009. The most recent change in the size of that programme was an increase of £25 billion to a total of £200 billion on 5 November 2009.
The Bank will continue to offer to purchase high-quality private sector assets on behalf of the Treasury, financed by the issue of Treasury bills, in line with the arrangements announced on 29 January 2009.
The Committee’s latest inflation and output projections will appear in the Inflation Report to be published on Wednesday 11 May.
(BMcN/GK)
The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion.
The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.5% on 5 March 2009. A programme of asset purchases financed by the issuance of central bank reserves was initiated on 5 March 2009. The most recent change in the size of that programme was an increase of £25 billion to a total of £200 billion on 5 November 2009.
The Bank will continue to offer to purchase high-quality private sector assets on behalf of the Treasury, financed by the issue of Treasury bills, in line with the arrangements announced on 29 January 2009.
The Committee’s latest inflation and output projections will appear in the Inflation Report to be published on Wednesday 11 May.
(BMcN/GK)
Related UK National News Stories
Click here for the latest headlines.
04 March 2010
Interest Rates Held Again
The Bank of England today held interest rates at 0.5%, as widely predicted. Monetary Policy Committee members also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in bank rate was a reduction of 0.5 points to 0.5% on 5 March 2009.
Interest Rates Held Again
The Bank of England today held interest rates at 0.5%, as widely predicted. Monetary Policy Committee members also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in bank rate was a reduction of 0.5 points to 0.5% on 5 March 2009.
19 September 2013
Mother Denies Manslaughter Of Son Found Starved To Death
A 43-year-old woman has been charged with the manslaughter of her son, whose body was found in his cot almost two years after he had died. The mummified body of Hamzah Khan was found at his family home in Bradford, West Yorkshire in September 2011, having laid in a cot in his mother's bedroom for 21 months after his death.
Mother Denies Manslaughter Of Son Found Starved To Death
A 43-year-old woman has been charged with the manslaughter of her son, whose body was found in his cot almost two years after he had died. The mummified body of Hamzah Khan was found at his family home in Bradford, West Yorkshire in September 2011, having laid in a cot in his mother's bedroom for 21 months after his death.
15 February 2013
Convicts Arrested Over Child Murderer Death In Prison
Two inmates have been arrested following the death in prison of a man jailed for the torture and murder of his partner's two-year-old daughter. In February 2009 Subhan Anwar was sentenced to a minimum 23-years after he was convicted of murdering Sanam Navsarka, of Huddersfield, West Yorkshire.
Convicts Arrested Over Child Murderer Death In Prison
Two inmates have been arrested following the death in prison of a man jailed for the torture and murder of his partner's two-year-old daughter. In February 2009 Subhan Anwar was sentenced to a minimum 23-years after he was convicted of murdering Sanam Navsarka, of Huddersfield, West Yorkshire.
26 October 2010
Worboy's Inquiry Reaches 102 Women
Police have reported the number of suspected victims to contact them regarding a serial sex attacker has reached 102. In April 2009 John Worboys, a London taxi driver, was jailed after he was found guilty of 19 charges of drugging and sexually assaulting 12 women.
Worboy's Inquiry Reaches 102 Women
Police have reported the number of suspected victims to contact them regarding a serial sex attacker has reached 102. In April 2009 John Worboys, a London taxi driver, was jailed after he was found guilty of 19 charges of drugging and sexually assaulting 12 women.
12 October 2010
Man Jailed For Murder In East London
An 18-year-old man has been jailed for the murder of his former girlfriend in Manor Park, London. Yahya Gul, 18, changed his plea at the Old Bailey yesterday and pleaded guilty to the murder of student Aliza Mirza, 18. On 3 April 2009, police were called to reports of a woman who collapsed in Forest View Road, in east London.
Man Jailed For Murder In East London
An 18-year-old man has been jailed for the murder of his former girlfriend in Manor Park, London. Yahya Gul, 18, changed his plea at the Old Bailey yesterday and pleaded guilty to the murder of student Aliza Mirza, 18. On 3 April 2009, police were called to reports of a woman who collapsed in Forest View Road, in east London.
-
Northern Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
