Bank of England maintains interest rates at 0.5%

The Bank of England’s Monetary Policy Committee has voted to maintain bank interest rates at 0.5% at its meeting on 4 September.

The decision is in line with the monetary policy forward guidance announced last month by Governor, Mark Carney, alongside the publication of the August 2013 Inflation Report.

It has also agreed to keep the scale of its quantitative easing programme at £375 billion.