Bank expected to hold rates at 0.5%

AOL Money Staff
Bank of England
Bank of England

Policymakers gather for the first interest rates decision of the year this week amid mounting fears that Britain is heading for a triple dip recession.


Members of the Bank of England's nine-strong Monetary Policy Committee (MPC) meet after a gloomy start to 2013 following figures suggesting the dominant services sector contracted in December for the first time in two years.
%VIRTUAL-SkimlinksPromo%