10/07/2014
Interest Rate Held At 0.5% For Another Month
Interest rates are to be held at 0.5% for another month, the Bank of England has said.
Quantitative easing, the banks stimulus package, has also been kept at £375bn.
The interest rate has stayed at a record low since March 2009, with the bank saying that any increase expected to be small.
(MH/CD)
Quantitative easing, the banks stimulus package, has also been kept at £375bn.
The interest rate has stayed at a record low since March 2009, with the bank saying that any increase expected to be small.
(MH/CD)
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07 August 2014
Interest Rate Held At Record Low For Another Month
Interest rates in the UK have been held at a record low of 0.5% for the second month in a row, the Bank of England has reported. The new figures also show that the bank's quantitative easing also remained unchanged at £375bn.
Interest Rate Held At Record Low For Another Month
Interest rates in the UK have been held at a record low of 0.5% for the second month in a row, the Bank of England has reported. The new figures also show that the bank's quantitative easing also remained unchanged at £375bn.
05 May 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.
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.
07 November 2013
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England's Monetary Policy Committee has 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 £375bn.
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England's Monetary Policy Committee has 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 £375bn.
09 July 2009
Interest Rate To Remain At 0.5%
The Bank of England has announced it is to hold the base rate of interest at 0.5% for the fourth month in a row. However, the Monetary Policy Committee (MPC) surprised markets by stating there will be no expansion of its quantitative easing (QE) scheme in order to stimulate the economy.
Interest Rate To Remain At 0.5%
The Bank of England has announced it is to hold the base rate of interest at 0.5% for the fourth month in a row. However, the Monetary Policy Committee (MPC) surprised markets by stating there will be no expansion of its quantitative easing (QE) scheme in order to stimulate the economy.
05 February 2009
Mortgage Lenders Vow To Pass Further Interest Rate Cuts
Four of the UK's biggest mortgage lenders have vowed to pass on the interest rate cuts, which were today announced by the Bank of England (BoE). The bank said the rate cuts, and government measures to boost the economy, "would provide a considerable stimulus to activity as the year progressed".
Mortgage Lenders Vow To Pass Further Interest Rate Cuts
Four of the UK's biggest mortgage lenders have vowed to pass on the interest rate cuts, which were today announced by the Bank of England (BoE). The bank said the rate cuts, and government measures to boost the economy, "would provide a considerable stimulus to activity as the year progressed".
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.