The Bank of England’s Monetary Policy Committee votes last week to maintain the Bank’s base rate at 0.5%, continuing the historic lows introduced in March 2009.
They also voted to maintain the level of asset purchases financed by the issuance of central bank reserves at £375 billion. This was first started in January 2009 and commonly known as Quantitative Easing and has had 1 increase the in the amount available to it back in July 2012.
- Rental Market Sees Surge in Tenant Inquiries - May 2, 2024
- Rental Crisis: Less Than Half of Homes Ready - April 30, 2024
- Thinking Of Buying A Ground Floor Flat? Common Issues You Might Face - April 30, 2024