The Bank of England has extended its special liquidity scheme until the end of January next year.
The Bank of England's Monetary Policy Committee (MPC) voted 8-1 to keep interest rates on hold in September.
Bank of England governor Mervyn King has admitted no form of regulation or special funding will solve the current mortgage lending crisis.
House prices have fallen by 12.7% over the past twelve months, according to figures from the Halifax.
The Bank of England's Monetary Policy Committee (MPC) has voted to keep interest rates on hold at 5%.
Annual inflation measured by the CPI rose to 4.4% in July, up from 3.8% in June, according to the Office of National Statistics.
The Bank of England's Monetary Policy Committee (MPC) has voted to keep interest rates steady at 5%.
Northern Rock has made a £585m loss in the first six months of 2008 following a sharp rise in arrears.
The Bank of England's Monetary Policy Committee (MPC) broadly agreed to keep interest rates on hold at 5% this month.
Mervyn King has told MPs he would have liked the ability to trigger the special resolution regime to rescue the failing Northern Rock.