The latest minutes from the Bank of England's Monetary Policy Committee (MPC) meeting on the 8th June reveal seven members voted to hold interest rates at 4.5%.
The Bank of England's Monetary Policy Committee (MPC) has voted to keep the UK base interest rates on hold at 4.5% for the tenth month in a row.
FORMER DERIVATIVES trader Ashley Tatham is considering claiming £10m in lost earnings from the Financial Services Authority (FSA) on top of the likely £2m-plus bill for costs that the regulator is facing, reports the Telegraph .
The Bank of England was split three ways over what to do about interest rates at the most recent meeting of the Monetary Policy Committee (MPC) on 4 May it has been revealed.
THE BANK OF ENGLAND quashed lingering hopes of another interest rate cut yesterday as it signalled that it now expects its next move to be an increase in borrowing costs, reports the Times .
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.