For the 28th consecutive month, the Bank of England announced today that interest rates will remain frozen – matching City forecasts of no rises until next year.
The predictions offered by finance and economics commentators across the country were proved correct when the Bank of England governor Mervyn King today confirmed that interest rates would not rise for the 28th month in a row. UK economist at RBS Ross Walker warned that while sluggish UK growth is to be expected, the economy…
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