News on Bank of England

BoE unanimous in freezing interest rates

2010-03-17T04:16:18Z

<div><p>Bank of England policymakers were unanimous in their decision to maintain record-low interest rates earlier this month, minutes from the meeting showed on Wednesday.</p><p>The central bank's Monetary Policy Committee (MPC) voted 9-0 in favour of keeping its key rate at 0.50 percent at the last meeting held on March 3-4.<...

Bank of England holds interest rate at 0.50%

2010-03-04T06:16:34Z

<div><p>The Bank of England decided to freeze its key lending rate at a record low level of 0.50 percent on Thursday, as Britain looks to strengthen its recovery from recession.</p><p>The BoE also decided against pumping more new money into the economy. Both decisions following a regular two-day policy meeting had been widely expected by markets.</p...

Record low interest rate hits one-year anniversary

2010-03-04T06:16:10Z

<div><p>The Bank of England froze its key lending rate on Thursday at a record low level of 0.50 percent, where it has been for a year, as Britain looks to strengthen its recovery from a record recession.</p><p>The BoE also decided against pumping more new money into the British economy. Both decisions following a regular two-day policy meeting had bee...

Bank of England keeps interest rate at 0.50%

2010-03-04T05:17:08Z

<div><p>The Bank of England said on Thursday it had decided to freeze its key lending rate at a record low level of 0.50 percent, as Britain looks to strengthen its recovery from recession.</p><p>The BoE also decided against pumping more new money into the British economy. Both decisions following a regular two-day policy meeting had been widely expect...

Bank of England says keeps interest rate at 0.50%

2010-03-04T05:17:04Z

<div><p>The Bank of England said on Thursday it had decided to freeze its key lending rate at a record low level of 0.50 percent, as Britain looks to strengthen its recovery from recession.</p><p></p><ol class="webSet"><li><a class="web" href="http://www.bankofengland.co.uk/publications/news/2010/022.htm" name="">BoE website<...

Bank of England expected to keep rates at record low

2010-03-04T05:17:02Z

<div><p>The Bank of England is set to keep its key lending rate at a record low 0.50 percent when it meets on Thursday despite Britain emerging from a record recession stronger than expected, analysts said.</p><p>The BoE is also unlikely to revisit just yet its radical policy of pumping out massive amounts of new money after official data showed Britai...

London shares fall at open

2010-03-04T05:17:00Z

<div><p>Leading shares fell at the start of trade on Thursday as investors awaited the latest interest rate decision from the Bank of England and developments surrounding Greece's debt.</p><p>The FTSE 100 index dipped 0.16 percent to 5,524.57 points in morning trading.</p><p>The Bank of England sa...

Bank of England in "wait and see" mode

2010-03-04T01:45:13Z

<div id="subtitle">Bank of England expected to hold interest rates steady, leave asset purchases on hold</div><div><p>The Bank of England is expected to keep interest rates at a record low of 0.5 percent and take no further action on purchasing assets to boost the money supply when it announces its monthly monetary policy decision later Thursday.</p><p>Economists anticipate the "wait and see" stance...

Bank of England to keep lending rate low: analysts

2010-03-02T19:16:16Z

Bank of England expects slow economic recovery

2010-02-22T10:37:45Z

<div id="subtitle">Bank of England downgrades forecasts for pace of UK economic recovery</div><div><p>The Bank of England on Wednesday cut its forecast for economic growth and warned inflation is likely to slump in coming months, a downbeat assessment of Britain's recovery from its worst recession in decades.</p&a...

Bank of England halts bond buying program

2010-02-22T11:57:56Z

<div id="subtitle">Bank of England opts against more bond buying; holds key interest rate at 0.5 percent</div><div><p>The Bank of England kept its main interest rate unchanged at the record low of 0.5 percent Thursday and said it will not be asking the government for the authority to pump more newly created money into the barely recovering British economy.</p>&l...

What Does 2010 Hold For Contractors and the Housing Market?

2010-02-22T15:46:32Z

So what does 2010 hold for IT Contractors and the housing market? Taj Kang Associate Director at Contractor Mortgages Made Easy feels that there are a number of positive signs.<br><br>After continued cuts throughout 2009 some positive news for Contractors in 2010 comes from Tech research firm Gartner, who?s recently released figures suggest that IT spend would increase this year, with 43% of the senior decision makers they spoke to saying that their IT spend would ...

Euro economic recovery labours in low gear

2010-02-22T23:58:36Z

<div><p>Europe's economic recovery struggled in first gear on Thursday as a fall in euro retail sales sparked concerns over the outlook and the Bank of England left its key interest rate at a record low.</p><p>Awaiting data expected to show that Britain, the world's last major ...

Bank of England leaves UK rates unchanged, policy steady

2010-02-23T00:11:29Z

<div><p>LONDON (Reuters) - The Bank of England kept the scale of its asset purchase programme unchanged at 200 billion pounds ($319 billion) on Thursday and said it would decide whether or not to extend it next month.</p><p>Britain's central bank also left interest rates at a record-low 0.5 percent, a decision whic...

BoE freezes rates amid recovery signs

2010-02-23T00:08:18Z

<div><p>The Bank of England left its key interest rate at a record low 0.50 percent and maintained radical credit-easing plans on Thursday as Britain awaits data set to signal the end of a deep recession.</p><p>Following a two-day meeting the central bank's nine-member Bank of England makes no change to record low interest rate or monetary stimulus program</div><div><p>The Bank of England left interest rates at a record low of 0.5 percent on Thursday and announced no change in its 200 billion pounds ($320 billion) monetary stimulus program as it looks for clearer signs on the health of the economy.</p><p&...

European stocks fall on eve of key US jobs data

2010-02-23T00:10:53Z

<div><p>Europe's leading stock markets dropped on Thursday, the eve of major US jobs figures, and as British investors awaited the Bank of England's latest decision on interest rates.</p><p>London's benchmark FTSE 100 in...

Meeting for the First Time From a Dating Website

2010-02-23T07:46:54Z

So you've read his headline and profile and exchanged winks and emails. He seems a really exciting guy and you think you are now ready to finally meet this guy and see if you can take things to the next level. Well there are a couple of things you need to have in place to ensure that your date goes as planned.<br><br>Safety, safety, safety.<br><br>Always meet iin a public place. It may be a quiet place but it has to be public and it must...

Bank of England voted 9-0 to freeze low rate

2010-02-23T12:08:42Z

<div><p>The Bank of England on Wednesday said its policymakers recently voted 9-0 in favour of freezing its key lending rate at a record low level of 0.5 percent amid Britain's longest recession.</p><p>The BoE's Monetary Policy Committee wa...

BoE says voted 9-0 for record-low rate

2010-02-23T12:08:50Z

<div><p>The Bank of England on Wednesday said its policymakers recently voted 9-0 in favour of freezing its key lending rate at a record low level of 0.5 percent amid the country's longest recession.</p><p>The BoE's Monetary Policy Committee was also unanimous in deciding to continue pumping out up ...