Progress so far is described as a ".gradual healing." but the recovery ".has been neither uniform nor smooth". For example, UK bank funding markets have remained open in 2011, allowing maturing funding to be replaced and support from the authorities to be repaid, despite the sovereign debt crisis in Europe, natural disaster in Japan and civil unrest in North Africa and the Middle East.
Published on 30 June 2011
// News // Monetary Policy Committee (MPC)
Bank Rate maintained at 0.75% - September...
Bank Rate maintained at 0.75% - September 2019
// News // News release