The Bank of England's Monetary Policy Committee (MPC) has voted to keep the interest rate at 0.5%, marking three years of the record low figure.
The government's use of quantitative easing (QE) has given pension funds a boost, Bank of England (BoE) economist David Miles has claimed.
Market participants are expecting interest rates in the UK to remain on hold until late 2014, according to Bank of England policymakers.
European banks have borrowed €529bn from the European Central Bank (ECB) in the second tranche of its three-year long-term refinancing operation (LTRO), asking for more support than forecast.
Quantitative easing (QE) will not have a significant impact on pensioner incomes, Charles Bean, deputy governor of the Bank of England (BoE) has claimed.
OBSR investment research analyst Marianne Weller examines whether there is any value in UK government bonds and reveals the best gilt funds in the market.