As expected Bank Base Rate stays at 0.5%
The Bank Of England has decided to keep the interest rate at 0.5% for the fifteenth month in a row.
The 200 billion pounds of quantitative easing scheme remains unchanged as analysts predicted.
The freeze was expected to remain until the extent and scale of the government’s spending cuts programme is announced in the June 22 budget.
Tags: 1 Stop Financial Services, bank base rate, best rates for first time buyers
