The Bank of England keeps UK interest rates at 0.5%
The Bank of England has continued to hold UK interest rates at a record low of 0.5%.
UK economy slides back into recession
The UK economy has returned to recession, after shrinking by 0.2% in the first three months of 2012.
What is a recession?
A recession is defined as when there are 2 consecutive quarters where gross domestic product (GDP) falls. (This fall is