A Year of 0.5%
Posted in Daily £££ Chatter |
The Bank of England Base Rate has now spent a year at just 0.5%. On 5 March 2009, the Bank of England cut its base rate to 0.5%, bringing to an end a series of cuts which began in December 2007 with a reduction from 5.75% to 5.50%. Back in March 2009 our bulletin on the 0.5% rate, entitled…