No change for interest rates
HOMEOWNERS, businesses and other borrowers breathed a sigh of relief today as interest rates were pegged at 5.75 per cent.
The Bank of England's Monetary Policy Committee (MPC) opted not to hike the rates any further as it remains cautious amid the current turbulence in the financial markets.
Signs that inflation has eased is also thought to have helped sway the committee, after five increases since August last year.
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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
