Interest rates held for second month running - Farmers Weekly

Subscribe and save

Farmers Weekly from £133
Saving £46
In print AND tablet

SUBSCRIBE NOW

sub_ad_img

Interest rates held for second month running

06 August 1998
Interest rates held for second month running

THE Bank of England has left interest rates unchanged for the second month in succession. The cost of borrowing will be pegged at 7.5% for the time being. …more…

    Read more on:
  • News

Interest rates held for second month running

06 August 1998
Interest rates held for second month running

By FWi staff

THE Bank of England has left interest rates unchanged for the second month in succession.

The banks Monetary Policy Committee announced today that the cost of borrowing would be pegged at 7.5% for the time being.

But officals have warned that a reduction is out of the question until the upward pressure on wage inflation is reduced.

Interest rates have been increased six times since Labour came to power in May last year.

    Read more on:
  • News

Interest rates held for second month running

By FWi staff

THE Bank of England has left interest rates unchanged for the second month in succession.

The banks Monetary Policy Committee announced today that the cost of borrowing would be pegged at 7.5% for the time being.

But officals have warned that a reduction is out of the question until the upward pressure on wage inflation is reduced.

Interest rates have been increased six times since Labour came to power in May last year.

    Read more on:
  • News
blog comments powered by Disqus