UK interest rates mark six years at record low of 0.5%, England, meaning they have now been at their record low of 0.5% for six years.
Rates were first cut to 0.5% in March 2009 as the Bank sought to lift economic growth amid the credit crunch.
Recent growth in the economy has prompted speculation that rates will start to rise again in the near future.
However, continuing low inflation, now at 0.3%, gives policymakers little reason to raise the cost of borrowing.
The Bank also kept the size of its quantitative easing (QE) programme unchanged at £375bn..Read More
Rates were first cut to 0.5% in March 2009 as the Bank sought to lift economic growth amid the credit crunch.
Recent growth in the economy has prompted speculation that rates will start to rise again in the near future.
However, continuing low inflation, now at 0.3%, gives policymakers little reason to raise the cost of borrowing.
The Bank also kept the size of its quantitative easing (QE) programme unchanged at £375bn..Read More
