Interest Rate Rises?

The Bank of England are set to hold interest rates until June 2015. According to The National Institute of Economic and Social Research rates are set to remain at their Historic low until after the general election next year. They have forecast rates to rise by 0.5% by the end of 2015 before rising gradually to 2.75% by the end of 2019. This is by no means set in stone however most economists are reporting similar findings.