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- BusinessAOL
No change in base rate or QE
The Bank of England has decided to hold the base rate at 0.5% and not extend its quantitative easing programme. The Bank of England has kept the base rate on hold at its historic low rate of 0.5% – for another month at
- BusinessAOL
Savers face interest rates woe
Many pensioners and savers have been made permanently poorer due to all-time low interest rates and quantitative easing (QE), campaigners said. While recent figures have shown that savers are putting more cash aside, this is because they are
- BusinessAOL
Bank policy cripples pensioners say MPs
Carl Court/PA Wire/Press Association Images The Treasury Select Committee of MPs has said that the Bank of England's Quantitative Easing (or QE) policy, coupled with low interest rates, were massively damaging to pensioners and savers, and