Bank rejects more emergency support

Press Association
Bank of England
Bank of England

Bank of England policymakers decided against unleashing further emergency support for the recovery despite mixed signs over the health of the economy.

The Bank's Monetary Policy Committee (MPC) maintained interest rates at record lows of 0.5% and held its quantitative easing (QE) stock at £375 billion as it continues to work through £50 billion of asset purchases announced in July.