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. BoE website Copyright 2010  AFP Global Edition

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. The BoE is also unlikely to revisit just yet its radical policy of pumping ...

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. The FTSE 100 index dipped 0.16 percent to 5,524.57 points in morning trading. The Bank of England said ...

Bank of England expected to hold interest rates steady, leave asset purchases on holdThe 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 ...