05/11/2015

Interest Rates To Remain Unchanged – BoE

The Bank of England (BoE) has voted to keep interest rates at 0.5%, it has been announced.

It is understood the Bank's Monetary Policy Committee voted to keep the record-low rate the same, by a vote of 8 to 1.

Economists had predicted that interest rates would not rise this month.

The decision means that interest rates in the UK have now been on hold for six-and-a-half years.

(JP)

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