Simon Gompertz
Media playback is unsupported on your device
Video

Interest rates held at 0.5%

The Bank of England has announced that interest rates will remain at 0.5%.

The cost of borrowing has been at an historically low level for more than two years now.

It is good news for borrowers, but disappointing for savers.

Simon Gompertz reports.

  • 09 Jun 2011