The Bank of England has kept interest rates at 0.5% and held off from more stimulus measures.

Its rate-setting Monetary Policy Committee has voted to maintain rates at this historic low for three years.

It also decided not to increase its programme of quantitative easing (QE), having lifted it by £50bn in July to £375bn.

For its part, the European Central Bank in Frankfurt kept eurozone interest rates unchanged at 0.75%.

 

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