Bank of England keeps interest rates at 0.5%

The Bank of England kept interest rates at 0.5% today.

The Bank also left the scale of its quantitative easing (QE) programme to boost the money supply unchanged at £375 billion.

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Euro interest rate at record low

The European Central Bank has taken investors by surprise by cutting interest rates in the eurozone from 0.5% to 0.25% - a record low. But the Bank of England kept theirs at 0.5%.