Interest rates held at 0.25%
The Bank of England has voted to leave interest rates at 0.25% for a second month running.
It has also left its quantitative easing programme unchanged, at £435bn.
The decisions were unanimous with the MPC voting 9-0.
The hold was widely anticipated however a further cut is expected by November.
A Reuters poll released earlier today found that a majority of economists believe the rate will be cut to just 0.1% in two month’s time.
— Bank of England (@bankofengland) September 15, 2016