Concerns over falling house prices and weak Eurozone means no rise in interest rates

The Bank of England held interest rates at 0.5% for the 20th straight month.

Support for the economy continues amid failing confidence in the Eurozone and concerns over the weak housing market.

House prices fell for the third month in a row according to figures released today from Halifax. The cost of homes dropped by 0.1%, taking the average house price to £164,708.

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