UK Interest Rates to Stay at 0.5%

Every month a group called the Shadow MPC meets and predicts how it feels the real MPC will call the monthly interest rate decision. Outwith late 2007/ early 2008 when the whole World went mad, the Shadow MPC is rarely wrong.

The notes from their meeting this month showed that every member of the Shadow MPC called for a hold on the Bank Base Rate at 0.5%. That's good enough for me so I've piled in on Betfair.