View more on these topics

BoE keep base rate at 0.5% for 13th consecutive month

The Bank of England has today voted to keep the base rate at 0.5 per cent for the thirteenth consecutive month and has continued to hold the fiscal stimulus program at £200bn.

The last change in the base rate was on March 5 2009, when the BoE reduced it by 0.5 percentage points to 0.5 per cent.

The most recent change in the size of the fiscal stimulus programme was also March 5 2009, with the size of the programme increasing by £25bn to £200bn.

Due to the timing of the General Election, the Monetary Policy Committee, the group within the bank who decide the rate, will next meet on May 10, and the Inflation Report will be published on may 12.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There are 2 comments at the moment, we would love to hear your opinion too.

  1. Incompetent Regulators Award Team 8th April 2010 at 2:50 pm

    With rates so low and the economy still in a mess shows what a f*ck up Labour have made. Now lets just wait for the tsunami of inflation which alwats comes with Labour governments.

    No more boom and bust by crash Gordon!

  2. Dear Incompetent……if that is all you can muster up to say it’s a sad day for our industry.

Leave a comment

Close

Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm

Email: customerservices@moneymarketing.com