Bank of England maintain interest rates at 0.5%

Posted on October 7, 2010 by Alec Hanson


The Bank of England’s Monetary Policy Committee today announced that it had voted to maintain the interest rates at 0.5% – now being 20 months in a row.

It also agreed to maintain, rather than expand, the size of it’s Asset Purchase Programme at £200 Billion.

Looking at the minutes from last month’s meeting it is clear that there is lively debate and some difference of opion as to whether both interest rates and quantative easing should continue.

For more information visit: http://www.bankofengland.co.uk/publications/news/2010/077.htm

Please share this news item via ‘Share and Enjoy’ and please do leave a comment on what you think – we always love to hear your thought

Alec Hanson


Related posts:

Mortgage Approvals down 2% and to a nine-month low!
The Bank of England today announced that Mortgage Approvals for house purchases were down 2% on Janu...
Bank of England loans for house purchase 'static'
Bank of England (BoE) Lending to Individuals statistics for May, released today, reported a very mar...
Raising money for home improvements
People improve their homes for all sorts of reasons. They might be uniting two small living-rooms to...

CategoryCategories: Bank Interest Rates  |  Tag Tags: , , ,  |  Comments No Comments »

  • Categories

  • Subscribe for FREE to receive our latest updates, downloads and eBooks.

  • Property News





  • Property Sourcing Fast Track
    Property Sourcing Fast Track
    Property Sourcing Fast Track is based on years of experience sourcing property. It’s based on endless testing and research. It’s based on thousands and thousands of pounds learning what works, and importantly – what doesn’t. The manual is available for instant download, and contains everything you need to know to source property in today’s world, both offline, and online. Note: This product is purchased direct from the author and can not be added to the Basket *
    Price: £48.50