UK interest rates cut to 0.25%
UK interest rates cut to 0.25%
London - MENA
UK interest rates have been cut from 0.5% to 0.25% - a record low and the first cut since 2009, the BBC reported on Thursday.
The Bank of England announced a range of measures to stimulate the UK economy including buying £60bn of UK government bonds and £10bn of corporate bonds.
The Bank also announced the biggest cut to its growth forecasts since it started making them in 1983.
It has reduced its growth prediction for 2017 from the 2.3% it was expecting in May to 0.8%.
The decision to cut interest rates to 0.25% was approved unanimously by the nine members of the Monetary Policy Committee (MPC) and is the first change in interest rates since March 2009.
- Friday ,16 November GMT 15:05 2018 World Bank Regional Vice President First Visit to West Bank and Gaza
GMT 14:08 2018 Friday ,14 December
Bank of Russia raises key rateGMT 13:23 2018 Thursday ,13 December
Philippine central bank holds overnight borrowing rate steadyGMT 11:33 2018 Tuesday ,11 December
Top EU court backs legality of ECB bond buyingGMT 20:46 2018 Wednesday ,05 December
World Bank funds water projects in North Kordofan StateGMT 15:06 2018 Friday ,30 November
Egypt, World Bank seek cooperation in solid waste recyclingGMT 12:21 2018 Wednesday ,28 November
BisB silver partner of World Islamic Banking ConferenceGMT 09:19 2018 Thursday ,22 November
AIIB Jin Liqun praises Suez Canal projectsGMT 15:05 2018 Friday ,16 November
World Bank Regional Vice President First Visit to West Bank and Gaza
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 13:42 2017 Tuesday ,12 September
Ali Al Deek will not present new programs soon
GMT 09:48 2017 Monday ,20 February
Minister of Health Meets British Parliamentary Delegation
GMT 07:58 2017 Friday ,31 March
President Al-Bashir Meets Somali President on Sidelines of Arab Summit
GMT 17:14 2017 Monday ,20 February
Zambian opposition petitions for setting tribunal to probe Malawi maize scandal
GMT 10:57 2017 Wednesday ,22 February
Kabul to set penalties for subculture of boy sex slaves
GMT 18:29 2017 Wednesday ,01 March
Egypt’s Sissi orders cabinet to help resettle Sinai Christians feeing Daesh
GMT 10:11 2016 Wednesday ,28 September
TNT pours on heat in second half to rout Meralco
GMT 00:01 2017 Sunday ,10 September
Strong Magnitude 6.8 Quake Hits North of Atlantic Ascension Island
GMT 10:31 2017 Saturday ,01 April
Dalit, out and proud: Indian singers rising above caste
GMT 18:48 2017 Tuesday ,07 February
Abdel Fadil stresses importance of fans in Clasico
GMT 02:50 2017 Tuesday ,04 July
UAE Organizations Urged to Adopt European Regulations in Summer 2017
GMT 12:35 2017 Sunday ,06 August
Talent discovery programs achieved positiveGMT 00:41 2011 Saturday ,30 April
Muhammad Abdo\'s condition stable
GMT 20:53 2017 Thursday ,06 April
Travel Advise For Citizens Traveling to Italy in May
GMT 12:06 2017 Wednesday ,08 March
Sudanese Official Praises Qatar's Efforts in Darfur Peace
GMT 15:24 2016 Monday ,10 October
Explosion kills Tuareg leader outside north Mali UN camp
GMT 02:32 2017 Saturday ,18 November
US-backed Syria forces spokesman 'held by Turkish intelligence'
GMT 19:52 2017 Tuesday ,12 September
Irma weakens but flooding in Jacksonville, damage to Keys
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor