News Release
Bank of England Maintains Bank Rate at 5.0%
10 July 2008
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 5.0%.
The minutes of the meeting will be published at 9.30am on Wednesday 23 July.
Note to Editors
The previous change in Bank Rate was a reduction of 0.25 percentage points to 5.0% on 10 April 2008.
