Bank of England keeps interest rate at 0.25 per cent

This is despite inflation on the rise amid Brexit uncertainty.

Update: 2016-12-15 12:55 GMT
If the Supreme Court upholds the earlier ruling, that could derail May's planned timetable for invoking Article 50 by the end of March and upset the government's wider Brexit plans. (Photo: Representational Image/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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