Home
Rates remain on hold in Britain
Malaysia News.Net
Wednesday 23rd July, 2008
Bank of England policymakers have voted to keep rates steady at 5% in the UK.
The meeting was split on the decision to keep rates steady with one senior member voting for a cut and another for a rise.
Minutes of the meeting showed that Timothy Besley wanted to raise the cost of borrowing to 5.25%.
David Blanchflower voted to reduce rates to 4.75%.
The vote for a rise in interest rates surprised financial markets and analysts said it suggested that further rate cuts might not be forthcoming.
 Email this story to a friend
Have your say on this story
|
 |
 |
- Four-year-old Malaysian to climb Eiffel Tower - five times
Kuala Lumpur, Aug 27 (IANS) Touted as Malaysia's youngest tower climber, four-year-old Muhammad Syahrulnizam Mohammed Noor is training hard to climb the steps of the 325m-high Eiffel Tower five times this December. [read story]
- Ibrahim vows to pull down government by Sep 16
Kuala Lumpur, Aug 27 (IANS) Malaysia's controversial opposition leader Anwar Ibrahim, who has won a parliamentary by-election, has vowed to bring down Prime Minister Abdullah Ahmad Badawi's government by mid-September. [read story]
- Malaysia's beleaguered opposition leader Anwar wins crucial election
Kuala Lumpur, Aug 27 (DPA) Malaysian opposition leader Anwar Ibrahim Wednesday hailed a long-awaited imminent return to parliament after he scored a thumping victory in a special election. [read story]
- Anwar Ibrahim threatens to pull down government by Sep 16
Kuala Lumpur, Aug 27 (IANS) Malaysia's controversial opposition leader Anwar Ibrahim, who has just won a parliamentary by-election, says he will bring down Prime Minister Abdullah Ahmad Badawi's government by mid-September. [read story]
- British troops in grave danger in Afghanistan
Afghanistan is now more dangerous for British troops than Iraq has ever been, a new report has revealed. [read story]
|
|
 |
 |
|
|
|
Copyright © 1999-2008 Mainstream Media EC
All rights reserved
