Investors react quickly to Governor's interest rate hint

Investors have reacted quickly to Mark Carney's hint over the interest rate: the pound has weakened by 1.3 percent, the FTSE index of the top 100 companies is up 1.8 per cent.

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Bank's interest rise warning

The Bank of England, under the new leadership of Mark Carney, has hinted that the interest rate might not rise in the near future. The rate remains at 0.5% - unchanged since March 2009. It also suggested inflation "will further rise in the near term"