Bank of England Interest Rates Stay at 0.5%

Published / Last Updated on 06/08/2009

Bank of England Interest Rates Stay at 0.5%

The Bank of England has held base interest rates at 0.5% for the fifth month in a row.

It also confirmed that the £125bn programme of quantitative easing i.e.  buying back government debt to improve various banks cash flow, is to be extended.

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