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Tag: Bank of England interest rates increased

Bank of England holds firm with interest rates

6th April 201124th April 2017

Once again the Bank of England held its rate at 0.5%, a record low that has been unchanged since March 2009.  Thursday’s announcement came as no surprise, but the Bank does have a dilemma regarding the most effective way to stimulate an economic recovery.  The government is hoping that low rates will help to offset […]

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