Bank holds UK interest rates at 0.5%UK interest rates have been held at 0.5% once again by the Bank of England
All nine members of the Bank's Monetary Policy Committee (MPC) voted to keep rates at their record low, where they have now been for seven years . The decision to freeze rates comes amid worries about global growth and uncertainty ahead of the EU referendum.
The Bank said uncertainty in the run-up to the referendum on EU membership - to be held on 23 June - had hit sterling, and that UK economic growth could slow
'Shaky start'
Chris Williamson, chief economist at financial information firm Markit, said the rate decision was "no surprise".
"Policymakers noted how spending by businesses and overall demand in the economy could weaken as a result of the intensifying Brexit fears, which would worsen an already shaky start to the year."