Business Advice for all UK firms from starting a business to flotation
Interest rates held at 0.5%
The Bank of England has held interest rates at 0.5% for the sixth month in a row and said that it will continue but not extend its programme of quantitative easing.
The current rate of 0.5% is the lowest in the Bank's history and is widely credited with helping the economy - even though not all financial institutions have passed the full rate on.
The Bank's Monetary Policy Committee last month increased the size of the quantitative easing program by £50bn to create up to £175bn on the UK's balance sheet.
Post Date: September 10th, 2009
The current rate of 0.5% is the lowest in the Bank's history and is widely credited with helping the economy - even though not all financial institutions have passed the full rate on.
The Bank's Monetary Policy Committee last month increased the size of the quantitative easing program by £50bn to create up to £175bn on the UK's balance sheet.
»
- Login or register to post comments
- Printer friendly version
Post Date: September 10th, 2009
.
.
Accounting Advice | Banking & Finance | Business Continuity | Entrepreneurs | HR/Payroll Advice Insurance Advice | International Trade
Internet Advice I.T. Advice | Legal Advice | Marketing Advice | Office Management | Pensions & Benefits Property/Relocation | Recruitment Advice
Starting a Business | Telecommunications | Training/Education Travel Advice | Utilities Advice | Vehicles
copyright © 1998-2018 Newbusiness.
Homepage | Terms & Conditions | Copyright & Trademarks | Privacy Policy | Sitemail & Forum Policy | Sitemap