Interest rates stay the same for eighth month

For the eighth month in a row the base interest rate has remained at its all time low of 0.5 percent. The announcement was made following the monthly Monetary Policy Committee earlier this week. Read more

Tags: output, committee, quantitative easing scheme, time, easing, bank, governor, finance

Interest rates on hold again

Earlier this month saw the September Monetary Policy Committee meeting took place, and following the monthly meting the Bank of England has announced that the UK base interest rate is to be kept on hold for yet another month, staying at its all time low level of just 0.5 percent. Read more

Tags: mortgage rates, monetary, quantitative easing, easing, hike, place, bank of england, interest rates