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All the best training, business and networking events throughout the UK - call us now to add yours!

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Meet the entrepreneur on a mission to cool down stresses execs over a hot stove at her base in Cumbria. EN reaches for the blue plasters as Lucy Nicholson reveals...

Bank of England keeps rates on hold
Thursday, 07 August 2008

The Bank of England has kept interest rates on hold at 5 per cent. 

The decision was expected as the downturn in the economy, which seems to be gathering pace, had to be balanced against the risk of rising inflation.

The Monetary Policy Committee's primary goal is to keep inflation at 2 per cent. At the moment it stands at 3.8 per cent.

Although the majority of members voted to hold rates last month, one supported a cut, while another wanted an increase.





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