MPC holds interest rates

INTEREST rates were pegged at the record low of 0.5% again today as the Bank of England resisted the temptation to pump more money into the flagging economy after last month's £75bn injection.

The Bank raised its Quantitative Easing programme to £275bn in October amid fears over the strength of the economic recovery, which continue to grow amid the deepening Eurozone debt crisis.

Coverage of the MPC's decisions is brought to TheBusinessDesk.com's readers in association with stockbrokers Redmayne-Bentley.

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