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Title
Markets and operations.
Abstract
The article presents information on various developments in the British financial markets and the Bank of England between the first quarter of 2012 and May 31, 2012. The decline in financial market resulted in decrease in prices of assets considered most risky, and flows into government bonds was considered to be relatively safe. Bank of England's Monetary Policy Committee (MPC) maintained Bank Rate at 0.5 percent throughout the given period.