Historically low interest rate maintained

Interest rates have remained unchanged at 0.5% following this month's meeting of the Bank of England Monetary Policy Committee.

The low interest rates are intended to kick-start banks lending, which has been subdued since the credit crisis began in August 2007.

Despite current interest rates standing at 0.5%, many printers are struggling to get credit at levels of less than 16%, market commentators have said.


Also see:
Printers must take 'radical' action to adapt to credit climate
Bank report shows lending growth rate halved in first quarter