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Interest rates - Latest rate information and economic news

QE increased, rates held at 0.5%

The Bank of England has increased it's asset buying programme to support the economy by £25bn, and kept interest rates at 0.5%

QE increased, rates held at 0.5%

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  • Extra £25bn for economy
    Extra £25bn for economy
    The Monetary Policy Committee has decided to leave interest rates at 0.5 per cent but are putting more money into the economy through its quantitative easing programme.
  • Governor warns bank split needed
    Governor warns bank split needed
    The Bank of England Governor Mervyn King fundamental rethink of how banks are structured is needed.
  • Interest rates held at record low
    Interest rates held at record low
    Interest rates are held at a record low of 0.5% a year after the banks were bailed out.
  • Parties plan spending cuts
    Parties plan spending cuts
    The Conservatives and Liberal Democrats have been outlining their puboic spending cuts as Prime Minister Gordon Brown delivers a speech to the TUC Conference in Liverpool. The Governor of the Bank of England says there are signs of economic growth.
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Extra £25bn for economy
The Monetary Policy Committee has decided to leave interest rates at 0.5 per cent but are putting more money into the economy through its quantitative easing programme.

October Rate Decision

Rates stay same
Rates held again

The Bank of England held rates at 0.5% and kept QE in place

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