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Bank of England holds interest rates at 0.1%

The Bank of England has held UK interest rates at 0.1%.

The Bank of England’s Monetary Policy Committee (MPC), who set interest rates, voted unanimously to leave interest rates unchanged at 0.1%.

The MPC also voted unanimously for the Bank of England to continue with its existing programmes of quantitative easing (QE).

Farrell Financial Planning do not give advice on inflation or future interest rate movements. Farrell Financial Planning are independent financial advisers (IFAs) based in Glasgow, Scotland.

Please feel free to explore our website and discover more about the advice services we offer.

 

All information is correct as at 06/08/20.

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