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Gordon Brown's recession will be gift-wrapped as the MPC fails to make the cut

                   
telegraph.co.uk: Buy a business telegraph.co.uk
telegraph.co.uk
05-Sep-2008
        
Story Timeline:  92 days

By Damian Reece So I didn't get my rate cut on Thursday. After pleading since June that now would be the time to start easing the economy's corset, the Bank of England's Monetary Policy Committee (MPC) decided to keep the laces tied as tight as possible. Sorry, you might be feeling a financial blackout coming on but you've got to keep breathing in. Certainly the markets swooned yesterday, collapsing in a heap,... [read full story]                    

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MPC decision understandable, business group says

 smallbusiness.co.uk 05-Sep-2008
First article on this story:

Interest rates held

 manchestereveningnews.co.uk 03-Sep-2008
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MPC decision understandable, business group says

smallbusiness.co.uk
05-Sep-2008
        

The decision made by the Bank of England's monetary policy committee (MPC) to hold interest rates at five per cent was 'understandable', the British Chambers of Commerce (BCC) comments. According to the trade group, the...

shropshirestar.co.uk: The Bank of England has announced interest rates would remain at five per cent, despite calls for a cut to help Britain’s ailing economy. shropshirestar.co.uk

Interest rates to remain on hold

shropshirestar.co.uk
05-Sep-2008
        

The decision came as mortgage giant Abbey slashed its mortgage rates in a bid to kick start the property market, with new figures showing that house prices slumped by 10.9 per cent during the last year. The cost of a home...

                   

Bank of England's MPC likely to have been divided over interest rate decision

telegraph.co.uk
04-Sep-2008
        

By Edmund Conway, Economics Editor No-one in the City was expecting a rate cut yesterday and they were, of course, right. The Bank of England was always unlikely to reduce the cost of borrowing with inflation still way...

                   

Bank of England leaves interest rates on hold despite recession threat

telegraph.co.uk
04-Sep-2008
        

By Angela Monaghan The Bank of England left interest rates unchanged for the fifth month in row despite the increasing threat of recession. The Monetary Policy Committee voted to hold rates at 5pc. It had been expected to...

                   

Egypt economic growth slows amid soaring inflation

dailystaregypt.com
04-Sep-2008
        

CAIRO: Egypt’s growth rate contracted to 6.8 percent in the fourth quarter of fiscal year 2007/08, down from 7.3 percent in the first nine months of the year, hit by a global economic slowdown and soaring inflation rates,...

Bank of England leaves rates unchanged

moldova.org
04-Sep-2008
        

The Bank of England said Thursday it would keep its key interest rate at 5 percent, leaving the rate unchanged for the fourth consecutive month.Although food inflation reached an annual rate of 10 percent in Britain in...

                   

Bank decision offers relief to sterling

ft.com
04-Sep-2008
        

The Bank of England’s Monetary Policy Committee voted on Thursday to hold interest rates steady at 5.0 per cent, helping sterling to recover some of the recent losses against the euro and the dollar. The European Central...

                   

Pound steadies as Bank keeps rates on hold

ft.com
04-Sep-2008
        

The Bank of England’s Monetary Policy Committee voted on Thursday to hold interest rates steady at 5.0 per cent, helping sterling to recover some of the recent losses against the euro and the dollar. The European Central...

                   

Interest rates held for fifth month

icnetwork.co.uk
04-Sep-2008
        

There was no sign of relief for hard-pressed homeowners and borrowers after the Bank of England kept interest rates on hold for the fifth month in a row. The Bank's battle against soaring inflation saw it vote to leave...

                   

UK & World News: Interest rates held for fifth month

icnetwork.co.uk
04-Sep-2008
        

There was no sign of relief for hard-pressed homeowners and borrowers after the Bank of England kept interest rates on hold for the fifth month in a row. The Bank's battle against soaring inflation saw it vote to leave...

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