UK inflation rate falls to 2.4% in June 2012
The Consumer Prices Index (CPI) measure of inflation fell to 2.4% in June, down from 2.8% in May, according to
The Bank of England launched a third round of quantitative easing (QE)
The Bank of England has announced it will pump a further £50bn into the UK economy over the next four
What is LIBOR?
LIBOR (the London interbank offered rate) is essentially the rate at which banks lend money to each other. Unlike the Bank
UK interest rates unchanged at 0.5%
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE)
What is quantitative easing?
Quantitative easing (QE) is the Bank of England’s scheme to boost the economy by buying government debt. Essentially the Bank