ECONOMY: Britain’s interest rates have been held at the record low of 0.5 per cent, the Bank of England revealed yesterday.
The “emergency” rate has been held for five years but economists expect a rise as Britain’s economy recovers.
Two members of the Bank's Monetary Policy Committee have already voted to start raising rates. The bank also kept its quantitative easing scheme pumping £375 billion into the economy.

NUCLEAR POWER: Four nuclear power reactors shut down after a defect was discovered are to be switched back on at the end of next month.
EDF said last month that it was shutting down the reactors at Heysham 1 in Morecambe, Lancashire, after a crack was discovered on a boiler spine, a metal tube that supports the weight of the boiler tubes around the reactor.
The firm said a “phased return to service” was expected to take place between the end of October and the end of December.

RETAIL: A supplier of fencing and agricultural products has gone out of business after more than 170 years trading, leading to the loss of 162 jobs.
Bristol-based MGL Distribution, which trades as McArthur and operates offices and depots in Birmingham, Plymouth, Newcastle, Glasgow and Elgin, appointed administrators yesterday after failing to find a buyer.
The business was a leading supplier of products for livestock farmers, including feed equipment, water troughs and cattle crushes. It also sold playground railings and security fences and gates.