Bank of England keeps interest rate at 0.25 per cent

AFP

Business, Economy

This is despite inflation on the rise amid Brexit uncertainty.

Representational Image. (Photo: AFP)

 London: Bank of England policymakers voted to keep its main interest rate at a record low 0.25 percent, the BoE said Thursday, despite inflation on the rise amid Brexit uncertainty.

The British central bank said all nine policymakers agreed at a regular policy meeting to keep the rate on hold and to leave the amount of QE cash stimulus pumping around the economy at pound 435 billion ($543 billion, 521 billion euros).

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