10 May 2010 12:00 [Source: ICIS news]
LONDON (ICIS news)--UK base interest rates were held at 0.5% by the Bank of England on Monday as widely expected, given an as-yet undecided national election result and continuing financial uncertainty within the EU.
The bank also decided not to pump more money into the ?xml:namespace>
Its primary rate was unchanged for the fourteenth consecutive month.
The monthly announcement had been delayed from the prior week because of the election. The bank's decision was reached also following the agreement struck by
Uncertainty over what eurozone members and other EU staes
($1 = €0.78. €1 = £0.86)
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