UK unemployment rate remains at 7.8 % , fell by two jobs in March . In March , UK finance minister George Osborne gave the Bank of England new powers to focus on growth , including unemployment , as well as its inflation target . Newly-minted The Bank of England Governor Mark Carney said rates will remain on hold at 0.5 % . In the three months to June , UK finance minister Mark Carney gave the Bank of England new powers to focus on UK growth . The Bank of England has already rolled out a Â£375 billion bond-buying program , known as quantitative easing .
UK unemployment rate remains at 7.8 % , fell by two jobs in March . Newly-minted The Bank of England Governor Mark Carney said rates will remain on hold at 0.5 % . In the three months to June , UK finance minister Mark Carney gave the Bank of England new powers to focus on UK growth . The Bank of England has already rolled out a Â£375 billion bond-buying program , known as quantitative easing .