10-12-2015 19:06 via uk.news.yahoo.com

BoE points to new oil price fall, slower wage growth

By William Schomberg and David Milliken LONDON (Reuters) - The Bank of England remains unhurried about raising interest rates, pointing on Thursday to a new fall in oil prices and slower wage growth as it kept borrowing costs at the record low where they have sat since 2009. In minutes of its latest policy meeting which ended on Wednesday, the Bank expected the softer public spending cuts announced last month by Chancellor George Osborne would give a boost to growth next year. "With inflation no
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