Menu
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)
Related UK National News Stories
Click here for the latest headlines.
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 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.
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.
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".
30 September 2008
Tesco's 10% Profit Growth Amid Weak Economy
Weaker trading conditions have not refrained Tesco from meeting half-year profit targets - with the supermarket giant today reporting a 10% growth in UK sales. Adverse market conditions have failed to damage the retailer's performance - amid calls for interest rate cuts and radical moves to stabilise the global financial services industry.
Tesco's 10% Profit Growth Amid Weak Economy
Weaker trading conditions have not refrained Tesco from meeting half-year profit targets - with the supermarket giant today reporting a 10% growth in UK sales. Adverse market conditions have failed to damage the retailer's performance - amid calls for interest rate cuts and radical moves to stabilise the global financial services industry.
-
Northern Ireland WeatherThis Evening and Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
