Summary
THE Bank of England's Monetary Policy Committee believes business surveys and employment figures point to a flat-lining UK economy in the fourth quarter of this year and opening three months of 2012, it emerged yesterday.
This belief was revealed yesterday with publication of minutes of the MPC's December 7 and 8 meeting, which also highlighted worries among the nine-strong committee that the "substantial challenges faced by the euro area posed a threat to the outlook for the United Kingdom".See the full content of this document
Extract
Mpc Unanimous in Vote to Keep Interest Rates at 0.5%
The minutes show the MPC voted nine-nil to hold base rates at 0.5%, where they have been since March 2009, at the end of its latest monthly meeting two weeks ago. They also show ...
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