No change in base rate for third month

June 14, 2009 by admin  
Filed under News, News-Banking

For the past couple of months the base interest rate in the UK has been kept at its record low of 0.5 percent, and following this month’s Monetary Policy Committee meeting the Bank of England has announced that the rate will remain on hold for a third month. Read more

Tags: record low, interest rates, bank of england, money, level, base rate