Bank of England interest rate decision confirmed and what it means for your money
THE Bank of England has opted to hold interest rates at their current level, to the disappointment of homeowners.
During today’s meeting of the Monetary Policy Committee (MPC), the BoE’s rate-setters kept the base rate at 4.75%.
AlamyThe Bank of England has opted to hold interest rates at 4.75%[/caption]Six members of the MPC preferred to keep the base rate at 4.75%, while three voted for a 0.25 percentage point reduction.
Governor Andrew Bailey said the central...
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