Base rate remains on hold at 0.50% - Economy - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Base rate remains on hold at 0.50%

Base rate remains on hold at 0.50%

Category: Economy

Updated: 04/10/2012
First Published: 04/10/2012

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The Monetary Policy Committee (MPC) has voted to keep Bank of England base rate on hold at its historical low of 0.50%.

The Government's quantitative easing programme, intended to boost the UK 's economy, will also remain unchanged at £375 billion, following a £50 billion injection in July.

Base rate has remained on hold at 0.50% since March 2009.

What Next?

Find the best financial information for you - Compare Financial Solutions

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
 
Close