UK interest rates left on hold

UK - UK interest rates have been left on hold for the ninth month running at 4%, their lowest level for 38 years.

The decision on Thursday followed a string of data showing a slowdown in retail sales growth, which has been credited with saving Britain from a severe economic slowdown.

Economists have also become increasingly worried over the effects of the fall in stock prices, with the benchmark FTSE 100 share index falling by 16.5% over June and July.

Fears have risen that the share falls, wh