Wed, 23 Jul 2014 11:33:07 GMT
UK interest rates on hold
Discussions regarding the possibility of an increase in interest rates took place, during this month's meeting, among BoE officials. In fear of disturbing the recovery, all members of the Monetary Policy Committee agreed on keeping interest rates unchanged. UK's economy is revealing to be on the fast track and growth for the second quarter is expected to be 0.8%.