interest rate

The Bank of England has increased its quantitative easing programme by a more than expected £75bn in a bid to kick-start the UK's ailing economy, while leaving interest rates on hold at 0.5%.

The Bank of England has kept interest rates at their record low level of 0.5% following the latest meeting of the Monetary Policy Committee (MPC).

The European Central Bank (ECB) has voted to hold interest rates and will boost liquidity in the eurozone in an attempt to prevent the sovereign debt crisis from spreading to Italy and Spain.

The Bank of England's Monetary Policy Committee (MPC) has left interest rates on hold at 0.5%.

A majority of leading economists polled by the BBC expect interest rates to remain unchanged until next year.

The European Central Bank has hiked its benchmark interest rate to 1.5% as expected.

There are clear signs of a rift within the MPC over interest rates as deputy governor Paul Tucker said he is close to voting for a rise.

Britain faces a wave of home repossessions when interest rates begin to rise again, one of the country's leading bankers has warned.

The Bank for International Settlements (BIS) has warned low interest rates across the globe are a threat to world financial stability.

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