MPC keeps Bank Rate unchanged

MPC keeps Bank Rate unchanged

The Monetary Policy Committee (MPC) has kept the Bank Rate unchanged at 0.5%.

Economic Analysis

04 October 2012

"I would have been flabbergasted if the Committee had changed its stance this month. The Bank will wait at least until November before making another move. By then it will know how Funding for Lending and its latest burst of quantitative easing have affected conditions and whether they need to do more."

Stephen Boyle, Head of Group Economics

Latest news

RBS to help 2.5 million people each year to be more financially capable

RBS has today committed to helping 2.5 million people in the UK each year to improve their financial capability.

RBS to increase lending to sustainable energy sector following £1.1bn securitisation of loans to UK sustainable energy market

RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors.

RBS launches £1 billion Female Entrepreneurship Funding and announces targets to help create at least 50k new businesses by 2023

RBS has today announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.

Set Tab for lightbox