The Bank of England voted unanimously in favour of pumping an extra £75bn into the British economy amid fears that growth in the UK will grind to a halt by the end of the year, documents revealed today.

The Bank of England kept interest rates at a record 0.5% today but stopped short of taking emergency action to kick-start the faltering UK economy.

The Bank of England is set to keep interest rates at their record low of 0.5% this week after official figures revealed economic growth in the UK slowed between April and June.

Oil prices have surged to fresh two-and-a-half year highs after fierce fighting in Libya damaged the country’s largest oil field.

Bank of England policymakers fear the shock decline in the UK economy at the end of last year may not have been temporary as consumers have continued to tighten their belts.

The Bank of England is today expected to resist pressure to hike interest rates despite fears over surging inflation and commodity prices.

Inflation in Britain rose to a 17-month high in April – driven by rising food costs and Budget duty hikes, official figures showed today.

The Bank of England is expected to frustrate households this week by leaving interest rates unchanged at 5% for another month.

The Bank of England’s dilemma between inflation fears and staving off a slowdown was highlighted today after rate-setters split three ways for the first time in nearly two years.

Hopes of another interest rate cut next month were dampened today after Bank of England minutes showed inflation fears at the top of the agenda.

Bank of England policymakers came under pressure to consider a half-point cut in interest rates earlier this month, it was revealed today.

The UK economy’s pace of growth continued to ease during the final three months of 2007, official figures showed today.

Bank of England rate-setters voted overwhelmingly to keep interest rates on hold at 5.75% in their first meeting since the Northern Rock banking crisis, it was revealed today.

Bank of England governor Mervyn King today signalled a hike in interest rates to 6% was off the cards and hinted policy-makers were ready to cut the cost of borrowing if the credit crisis deepened.

The chances of a July hike in British interest rates increased today after it emerged borrowers came within a whisker of a back-to-back rise earlier this month.

The Bank of England’s decision to keep interest rates on hold gave the London market a welcome lift today.

Fresh interest rate rises cannot be ruled out amid continuing economic “volatility”, the Governor of the Bank of England, Mervyn King, warned today.

The Bank of England is expected to keep interest rates on hold this week after hitting borrowers with a shock increase last month.

British households are braced for a further squeeze on finances this year as wage settlements look set to disappoint despite the rising cost of living.

THE Bank of England is expected to leave interest rates on hold this week after it raised the cost of borrowing last month for the first time in two years.

British householders were left reeling today after the Bank of England raised interest rates to 4.75%.

Bank of England policymaker David Walton has died unexpectedly after a short illness, the Bank said today.

An imminent move in interest rates appeared unlikely today after it emerged seven out of eight Bank of England policymakers voted for no change this month.

The Bank of England is this week expected to disappoint British retailers hoping for a further cut in interest rates in the build up to Christmas.

Interest rates are set to remain on hold tomorrow as the Bank of England reacts to the sharp slowdown in consumer spending, economists predict.

The Bank of England is set to freeze interest rates for the eighth month in a row this week, economists say.

The FTSE 100 Index ended today in the red as fears of higher borrowing costs in the US offset a positive interest rate outlook in the UK.

Hopes that interest rates in Britain have peaked were fuelled today by news that the Bank of England this month began considering the case for a cut in the cost of borrowing.

The Bank of England today gave millions of homeowners in Britain a pre-Christmas boost by keeping interest rates on hold at 4.75% for the fourth month in a row.

The Bank of England is likely to please British homeowners this week by freezing interest rates for the fourth month in a row, experts predict.

The Governor of the Bank of England today denied that recent rises in interest rates had put the UK economy on the brink of “a real slowdown”.

The Bank of England said today that its decision on interest rates a fortnight ago had the full support of its members for a seventh month in a row.

Rate-setters at the Bank of England were given plenty to ponder today after figures on house prices and manufacturing output in the UK confounded expectations.

The Bank of England voted unanimously to keep interest rates on hold this month, a report showed today.

The Bank of England is likely to disappoint homeowners this week by raising interest rates.

Members of the Bank of England voted unanimously in July against a third successive interest rate rise, it emerged today.

A key Bank of England committee considered hiking the cost of borrowing by as much as 0.5% earlier this month, it emerged today.

Homeowners in the UK should get a pre-Christmas boost today when the Bank of England votes against a second rise in interest rates in as many months.

The Bank Of England was today urged by both sides of industry to cut interest rates to give the economy a much-needed boost.

The Bank of England today moved to shield the economy from the US terrorist attacks with its sixth interest rate cut this year.