The Bank of England kept interest rates on the pound at a record low of 0,50%. The central institute also announced that will buy more bonds for 50 billion pounds.
This second decision – explains the BoE – came in the light of the increased risks of a weakening of economic activity, which would largely depend on the public debt crisis in the Eurozone. The UK's government bond and financial purchase program thus rises to £375 billion.
Immediately after the communications of the Bank of England, the London Stock Exchange gains 0,55%.
