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Bank of England holds firm again on rates

12th January 2012

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BANK of England policy makers have opted to continue with the freeze on interest rates as they attempt to bolster the UK economy.

The Bank’s Monetary Policy Committee has also resisted the temptation to pump more money into the economy in the form of October’s £75bn extension of Quantitative Easing.

Confidence levels at the start of the New Year remain fragile and lingering fears over the health of the eurozone continue to cast a cloud over the economy.

Dr Brian Sloan, chief economist at Grea......for the full story register now for free or login below...


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