Despite rumours Bank Base Rate stays at 0.75%
30th January 2020
Despite rumours with recent low inflation levels that the rate may reduce by 0.25% the Bank of England Monetary Policy Committee (MPC) has voted 7-2 to not change the Base rate and remain at 0.75%. The Committee also voted unanimously to maintain the stock of UK government bond purchases, financed by the issuance of central […]