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MPC holds rates at 5% in May 2008 - Up to the minute news reports from Moneymatchmaker.com

 

MPC holds rates at 5% in May 2008 - Thursday, 5 July 2007

Latest finance news in the UK...

MPC holds rates at 5%

The Bank of England's Monetary Policy Committee has held interest rates at 5%.

The move follows a cut last month, with further cuts expected over the course of the year.

The decision by the Bank of England's Monetary Policy Committee (MPC) to hold Bank base rate at 5% has been met with widespread disappointment by the mortgage industry.

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