05/11/2015
Interest Rates To Remain Unchanged – BoE
The Bank of England (BoE) has voted to keep interest rates at 0.5%, it has been announced.
It is understood the Bank's Monetary Policy Committee voted to keep the record-low rate the same, by a vote of 8 to 1.
Economists had predicted that interest rates would not rise this month.
The decision means that interest rates in the UK have now been on hold for six-and-a-half years.
(JP)
It is understood the Bank's Monetary Policy Committee voted to keep the record-low rate the same, by a vote of 8 to 1.
Economists had predicted that interest rates would not rise this month.
The decision means that interest rates in the UK have now been on hold for six-and-a-half years.
(JP)
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09 June 2005
Interest rates remain at 4.75%
The Monetary Policy Committee for the Bank of England has left UK interest rates unchanged for the tenth month in a row. The decision to keep the interest rate at running, at 4.75% follows further uncertainty in the economy. Figures published today revealed that while there was slight monthly increase, 0.
Interest rates remain at 4.75%
The Monetary Policy Committee for the Bank of England has left UK interest rates unchanged for the tenth month in a row. The decision to keep the interest rate at running, at 4.75% follows further uncertainty in the economy. Figures published today revealed that while there was slight monthly increase, 0.
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.
08 September 2005
Interest rates remain on hold at 4.5%
The Bank of England has left interest rates unchanged at 4.5%, as expected by many analysts. Last month, the Bank’s Monetary Policy Committee (MPC) reduced interest rates from 4.75% to 4.5%, amid fears of a slowdown in economic growth and a slump in consumer spending.
Interest rates remain on hold at 4.5%
The Bank of England has left interest rates unchanged at 4.5%, as expected by many analysts. Last month, the Bank’s Monetary Policy Committee (MPC) reduced interest rates from 4.75% to 4.5%, amid fears of a slowdown in economic growth and a slump in consumer spending.
08 May 2003
Bank of England holds interest rates at 3.75%
The Monetary Policy Committee of the Bank of England has announced its decision to keep interest rates in the UK at 3.75%. The decision by the MPC to hold rates comes in spite of concerns about the increasingly weakened state of the UK economy, particularly the in manufacturing sector.
Bank of England holds interest rates at 3.75%
The Monetary Policy Committee of the Bank of England has announced its decision to keep interest rates in the UK at 3.75%. The decision by the MPC to hold rates comes in spite of concerns about the increasingly weakened state of the UK economy, particularly the in manufacturing sector.
11 January 2007
Interest rates rise to 5.25%
The Bank of England has announced a shock rise in interest rates, increasing them from 5% to 5.25% - the third rise since last August. Many experts had expected interest rates to remain on hold this month. However, the Bank's Monetary Policy Committee voted to increase interest rates in a bid to tackle rising inflation.
Interest rates rise to 5.25%
The Bank of England has announced a shock rise in interest rates, increasing them from 5% to 5.25% - the third rise since last August. Many experts had expected interest rates to remain on hold this month. However, the Bank's Monetary Policy Committee voted to increase interest rates in a bid to tackle rising inflation.