Bank of England holds interest rates at 0.5%

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The Bank of England (BoE) has kept interest rates at a record low of 0.5% for the 65th consecutive month.

The decision comes after BoE governor Mark Carney said last month that investors could expect rates to rise to a "new normal" of 2.5% by 2017 (PP Online, 27 June). The bank also announced there ...

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