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Bank
of England - Monetary Policy Committee
Interest rates are set by the Monetary Policy Committee. However
the legislation provides that if, in extreme circumstances, the
national interest demands it, the Government will have the power
to give instructions to the Bank on interest rates for a limited
period.
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News
Release
Bank of England raise Interest Rates by 0.25%
5 August 2004
The Bank of England's Monetary Policy Committee today voted to raise
the Bank's repo rate by 0.25%.
more...
August
06, 2004 – Times Online
After the Bank yesterday raised rates for the fifth time since November,
eight out of fifteen leading economists polled by The Times said
there was a strong chance of a further, back-to-back increase in
September.
more...
BBC
News – Policy Committee
6 August, 2004
How hard the fifth interest rate rise in nine months will hit borrowers
is a hot topic for many of the front pages. "More pain is on
the way," remarks the Daily Express, speaking to a mortgage
adviser who warns homeowners to brace themselves for more increases.
more...
CBI
website
A wealth of information including the latest news on all the major
economic issues. As a start simple use their search facility for
'interest rates'.
cbi...
The
HM Treasury website
Latest news and information.
For example - Economic data and tools:
Gross Domestic Product (GDP) Deflators
Latest Economic Indicators: Weekly Economic Bulletin and Pocket
Data Bank
Forecasts for the UK Economy
Public Finances Statistics: Latest Monthly Public Finance Statistics
and Public Finances Databank
Public Spending Statistics
The Greenbook: Appraisal and Evaluation in Central Government
National Statistics
Eurostat
treasury...
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