• Text size
  • Send this article to a friend
  • Print this article

Bank holds interest rates again

Interest rates were kept on hold for the third month in a row today as the Bank of England continued its fight to keep inflation under control.

Interest rates were kept on hold for the third month in a row today as the Bank of England continued its fight to keep inflation under control.

The Bank held borrowing costs at 5% despite mounting signs of economic gloom, prompting fears over a potential recession.