MPC keeps Bank Rate unchanged

MPC keeps Bank Rate unchanged

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

Economic Analysis

08 April 2013

"Not enough has changed in the domestic economy over the past month for the MPC to hit the stimulus button. Members will be sleeping a little easier with an improvement in service sector activity in March which suggests the UK narrowly avoided a triple-dip recession in Q1. But the Eurozone's recent flare up will be a worry, given its potential to undermine sentiment and the UK's export prospects."

Stephen Boyle, Head of Group Economics

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