Base Rate Remains Unchanged
by Mark Dawson It was announced today that the base rate will remain unchanged. The Bank of England’s monetary policy committee (MPC) has chosen not to change the interest rate from five per cent, in its monthly meeting. This is the third time this year that the rate has been maintained, with cuts of .25 per cent in both February and April. Following on from the MPC’s decision, it is possible that consumers find the pressures which their finances are under does not worsen. And during the curr
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