Interest rates remain at 0.5%

The Bank of England has held interest rates at 0.5% for the sixth month in a row, as the UK economy shows signs of recovery.

The announced the decision, and also said it would continue to pump up to £175bn into the economy.
It warned, however, that the impact of these policies would not be felt for a long time and that the climb out of the recession would be “slow are protracted”.