Bank of England leaves rate unchanged at 4%

UK - The Bank of England's Monetary Policy Committee has left its key lending rate unchanged at four percent for the seventh month running as it awaits concrete signs that the economy has shaken off its downturn.

Thursday's decision to leave its repo rate at a 38-year low had been widely forecast by economists, although many expect borrowing costs to rise as soon as next month.

Business leaders, worried that the first increase in borrowing costs for over two years could throw a fragile economic

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.