The Bank of England's Monetary Policy Committee (MPC) today held interest rates at their historic low of 0.5%.
Britain is at risk of sliding into a Japan-style period of deflation, according to a Bank of England policymaker.
The Bank of England (BoE) today kept interest rates at a record low of 0.5% as uncertainty remains over who will govern Britain.
Interest rates are forecast to stay on hold today, as the Bank of England (BoE) looks to lend stability to the political and market turmoil.
The Bank of England's Monetary Policy Committee (MPC) voted unanimously to hold fire on any changes to interest rates this month, but some members are growing increasingly concerned about inflation.
Interest rates have been kept on hold at 0.5% by the Bank of England.
UK inflation is likely to have risen to around 3.5%, exceeding the Bank of England's (BoE) target for the third time.
The Bank of England has kept interest rates at 0.5% and frozen its quantitative easing programme.
Todd Stitzer, the chief executive of Cadbury, is to leave the company within weeks with £20m in cash and shares after Irene Rosenfeld, Kraft's chairman and chief executive, swung the axe at the British chocolate company's top three executives.
Today's decision by the Bank of England (BoE) heralds a period of low interest rates stretching into the medium to long-term, say experts.