Bank of England looks forward to help UK recovery, eyes 7pc unemployment

The Bank of England overhauled its policy strategy yesterday, saying it planned to keep interest rates at a record low until unemployment falls to 7 per cent or below, something unlikely for another three years.

via Business feed http://www.scmp.com/business/banking-finance/article/1295149/bank-england-looks-forward-help-uk-recovery-eyes-7pc