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Base rate remains at 0.5%

but what does it mean?

08 March 2014
Money mortgages
Loan Money

As expected, the Bank of England's Monetary Policy Committee confirmed this week that base rate would be held at the historically low 0.5%, marking the fifth anniversary of it being at this level.

It's had knock-on effects across the financial services industry, but it's a definite tale of two halves.

http://moneyfacts.co.uk/news/money/base-rate-remains-at-05--but-what-does-it-mean/?utm_medium=email&utm_source=Moneyfacts.co.uk+&utm_campaign=3781558_ISA+Transfer+|+Ukcraine+Energy|+Base+Rate+|Personal+Loans

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