Bank of England holds rates

The Bank of England has held rates at a level of 0.5 per cent, and also voted to maintain the stock of asset purchases at STG375 billion.

The Bank of England has voted to hold its key interest rate at a record-low level of 0.5 per cent and maintain the level of stimulus pumping around the economy.

"The Bank of England's Monetary Policy Committee today voted to maintain Bank Rate at 0.5 per cent," a statement issued on Thursday said.

"The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at STG375 billion ($A696 billion)."