interest rate

The Bank of England today held interest rates at 0.5% as fears over a sluggish economic recovery outweighed inflation concerns.

Ministers are to outline plans for a universal state pension which they say will help people currently working prepare for a "different sort of world" in retirement.

Nationals round-up: The Budget continues to grab headlines on the Money pages while investors are still mulling whether to invest in Japan.

Andrew Sentance has predicted inflation could rise above 5% this year and repeated his calls for a gradual increase in interest rates and cutting off of monetary stimulus.

Nationals roundup: Expect calls this week from home flippers, higher-rate tax payers, gifters and last minute ISA hunters.

The Bank of England has held interest rates at 0.5% and kept its quantitative easing programme at £200bn - despite growing calls for a rate hike amid spiralling inflation.

The Bank of England will raise interest rates from their historically low levels in May, the British Chambers of Commerce (BCC) predicts.

WHEN SHOULD INTEREST RATES GO UP?

The Bank of England's (BoE) decision today to hold interest rates at 0.5% for the 23rd straight month represents yet another missed opportunity to combat rising inflation, experts say.

The Bank of England has held interest rates at 0.5% and kept its quantitative easing programme at £200bn.