Saturday November 28, 2020

Bank of England leaves interest rates unchanged at 0.5%

The Bank of England has kept its interest rates at a historic low of 0.5 per cent, it was announced today.

8th May, 2014
Bank of England interest rates remain unchanged at 0.5%

The Bank of England has kept its interest rates at a historic low of 0.5 per cent, it was announced today.

UK interest rates have remained at their current level for more than five years and it was widely expected that they would remained unchanged.

Economists have speculated however, that rates may have to rise this year as UK growth begins to accelerate.

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