UK interest rates kept on hold

UK - The Bank of England's monetary policy committee on Thursday voted to leave interest rates unchanged at 4 per cent, in a decision which underlined the fragility of the UK economic recovery.

It is the sixth month in a row that rates have been held at this level - their lowest level for 38 years.

The Monetary Policy Committee (MPC) made its decision after figures showed that manufacturing was still struggling to recover from a downturn.

No sign of an upturn

David Hillier at Barclays Capital s

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