Bank of England keeps it key lending rate unchanged at 0.5%. Raises its bond purchase target by...

|By:, SA News Editor
Bank of England keeps it key lending rate unchanged at 0.5%. Raises its bond purchase target by £50B to £125B. "The global banking and financial system remains fragile despite further significant intervention by the authorities... But surveys at home and abroad show promising signs that the pace of decline has begun to moderate." (statement)