Bank of England Maintains Bank Rate at 5.5%
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The minutes of the meeting will be published at 9.30am on Wednesday 23 January.
The previous change in Bank Rate was a reduction of 0.25 percentage points to 5.5% on 6 December 2007.
The Bank of England is the central bank of the United Kingdom. Sometimes known as the 'Old Lady' of Threadneedle Street, the Bank was founded in 1694, nationalised on 1 March 1946, and gained independence in 1997.
Standing at the centre of the UK's financial system, the Bank is committed to promoting and maintaining monetary and financial stability as its contribution to a healthy economy. - By The Bank of England
Posted January 10th, 2008 by admin_huliq
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