King expects no change to interest rates 'through 2013' - reports

clock

Governor of the Bank of England, Sir Mervyn King, will signal on Wednesday that interest rates will remain around their record low until the end of next year at the earliest.

The Daily Telegraph reports the base rate is projected to remain on hold as the bank uses its quarterly inflation report to cut its forecast for the country's economic activity and "brace for highe...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Nest, L&G and PGGM buy Manchester site as part of BTR partnership

Development site in Deansgate expected to provide 494 rental homes in city centre

Martin Richmond
clock 06 March 2025 • 2 min read
UK economy faces $141bn of stranded fossil fuel asset risks

UK economy faces $141bn of stranded fossil fuel asset risks

UKSIF warns £15.2bn of UK pension fund assets could be at risk of stranding by 2040

James Murray
clock 06 March 2025 • 6 min read
Climate change investments would boost student pension engagement

Climate change investments would boost student pension engagement

Majority say tackling climate change equally or more important than growing savings

Jasmine Urquhart
clock 06 March 2025 • 1 min read
Trustpilot