The Bank of England's Monetary Policy Committee (MPC) has once again decided the best course of action is to leave well enough alone and frozen interest rates at 4.75% for the ninth month in a row.
Members of the Bank of England's Monetary Policy Committee (MPC) voted 7 to 1 in favour of keeping the base rate at 4.5% for the eighth month in a row, according to the minutes of the latest meeting.
STANDARD LIFE ON Tuesday put a £5.5bn price on its head and revealed that it had already rebuffed a number of approaches, including one from Resolution Life, the specialist investor in life assurance funds which manages closed books of with-profits business,...
The Bank of England's Monetary Policy Committee has voted to maintain the key UK interest rate unchanged at 4.5%.
UK interest rates would have to roughly double for the country's personal debt levels to cause an early 1990s-style financial crisis, says lender Alliance & Leicester.
The Bank of England's Monetary Policy Committe (MPC) has once again voted to maintain interest rates at 4.5%.
Consumer confidence has fallen again according to the latest figures from Nationwide published just ahead of tomorrows meeting of the Bank of England's, Monetary Policy Committee (MPC).
Bank of England January figures suggest total net lending to individuals increased £10.5bn on December, although the annualised growth rate remained unchanged at 10.3%.
Anyone hoping the Bank of England (BoE) will cut interest rates in the next couple of months should probably avoid holding their breath, according to the Council of Mortgage Lenders (CML).
Net lending to individuals was £9.6bn in December, in line with the figure for November and £0.8bn higher than the previous six-month average, according to the latest figures from the Bank of England.