Bank of England holds rates

April 5, 2007
Interest rates will remain at 5.25% announced the Bank of England today. The news was welcomed by the housebuilding industry. David Bexon of SmartNewHomes.com said: "The decision to hold interest rates is welcome. Many vulnerable home owners are still struggling following the rises in 2006 and January this year." Despite the Monetary Policy Committee’s decision City economists expect rates to …

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