Interest Rates Will Remain The Same

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Despite rising inflation The Bank Of England have made the decision to keep the base rate at 0.5% for at least another week.

The interest rate has remained the same since March 2009

“The Consumer Price Index (CPI) measure of inflation rose to 3.3% in November, driven by the rising cost of oil, clothes and food, and the Bank admits it could rise as high as 4% by the spring.”

To read the Article in full on The Independent Website click on the link below:

Bank of England expected to leave interest rates untouched

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