Rates to be low for year

David Hellier
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City analysts said yesterday that interest rates could remain at 0.5 per cent for a year or more after Bank of England governor Mervyn King warned that any economic recovery will be &ldquo;slow and protracted&rdquo;.<br /><br />&ldquo;Any rise in interest rates is a long way off,&rdquo; said Jonathan Loynes of Capital Economics.<br />