Bank of England leaves rates unchanged to bolster recovery

Thursday, June 9th 2011 - 19:49 UTC

Full article 5 comments

The Bank of England’s Monetary Policy Committee voted Thursday to maintain the official Bank Rate paid on commercial bank reserves at the record low 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. Read full article

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Fido Dido
really? what recovery?
You cannot and will not have a recovery in the UK (include in the US)without letting go those ZOMBIE banks. Let them fail. but no, that's not happening.
http://www.telegraph.co.uk/finance/economics/8560840/IMF-warns-on-UK-banks-masking-bad-debts.html
Jun 09th, 2011 - 08:05 pm - Link - Report abuse 0
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Redhoyt
Did you actually read that article Fido (here boy!), or did you just rely on the title ?
Jun 10th, 2011 - 03:59 am - Link - Report abuse 0
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lsolde
As soon as robot Fido sees the words “British or UK”, his brain drains out of his arse. Talk about zombie, Fido's the man. Whats the matter fidolito, didums, did a naughty British baby take your candy off you?
Jun 10th, 2011 - 10:31 am - Link - Report abuse 0
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Fido Dido
Dear idiots Redhoyt and Isolde (doubt she's real british..but whatever)
Isolde has no clue what's she talking about. Period.
Redhoyt, I read the article and the title, but all what I did is explained simple why the UK won't recover.
Jun 10th, 2011 - 06:34 pm - Link - Report abuse 0
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lsolde
@4Fido, l doubt that you are Dutch, too. l think that you are an Argentine troll.
Jun 11th, 2011 - 08:46 am - Link - Report abuse 0
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