The Bank of England has today voted to keep the base rate at 0.5 per cent and the size of the asset purchase programme at £375bn.

The Bank’s Monetary Policy Committee today voted to keep the base rate at the record low level of 0.5 per cent where it has remained since March 2009.

The quantitive easing programme has been held at £375bn. The programme has not been changed since July 2012 when it was raised by £50bn.

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