Interest rates held at 0.5%
The costs of borrowing for a mortgage have remained the same this month as the The Bank of England has held interest rates at the record low of 0.5%. The Bank’s Monetary Policy Committee (MPC) voted by 8 to 1…
Read moreInterest rates could be cut warns BoE chief economist
The Bank of England’s chief economist has warned that the cost of mortgages, interest rates, looks set to fall after evidence that the global financial crisis is entering its third phase. Andy Haldane cited evidence of a slowdown on the…
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