Interest rates kept on hold at 0.5%
The Bank of England’s Monetary Policy Committee has today voted to keep the base rate on hold at 0.5%.
The MPC also opted to maintain the size of the Asset Purchase Programme at £200bn.
Interest rates have been on hold at 0.5% since March 2009.
Minutes from April’s MPC meeting revealed three members voted for a rate rise, the same number as in March.