MPC keeps Bank Rate unchanged


MPC keeps Bank Rate unchanged

Monetary Policy Committee (MPC) keeps the Bank Rate unchanged at 0.5%

Economic Analysis

01 August 2012

"Team MPC left policy unchanged at today's meeting. Last month's boost to the asset purchase scheme needs a little time to bed in, as do the new schemes to encourage lending. But the situation is serious, so the Committee is unlikely to have ruled out looser policy in future."

Fionnuala Earley, UK Consumer Economist

Latest news

Royal Bank of Scotland hosts ‘Easy Wins Live’ event

The event explored today’s ‘always on’ world and the pressure Scots face as they struggle to balance life inside and outside of work.

To win the fight against fraud and scams, it is vital to educate young people.

Primary school children in Currie, Edinburgh put on their detective hats last week to learn more about fraud and scams thanks to the Royal Bank of Scotland MoneySense programme. Les Matheson, CEO of Personal Banking, tells us why it’s so important to financially educate young people.

New NatWest debit cards now accessible for all customers

New card features are being rolled out from today with all cards having a notch and raised dots.

Set Tab for lightbox