Interest stall brings relief
HOME owners and businesses breathed a sigh of relief as the Bank of England today pegged interest rates.
The Bank's Monetary Policy Committee (MPC) voted to keep rates at 5.25 per cent - following last month's surprise quarter per cent rise.
Graham Birse, deputy chief executive for the Edinburgh Chamber of Commerce, said businesses were relieved at the Bank's decision.
He said: "We welcome this break for business."
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Weather for Edinburgh
Sunday 19 February 2012
Today
Sunny
Temperature: 1 C to 5 C
Wind Speed: 14 mph
Wind direction: West
Tomorrow
Light rain
Temperature: 8 C to 9 C
Wind Speed: 24 mph
Wind direction: South west
