The Bank of England (BoE) has kept lending rates unchanged on Thursday. It has maintained bank rate at 0.5% and the size of the asset purchase programme at GBP 375 billion.
The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.5% on Mar. 5, 2009. A programme of asset purchases financed by the issuance of central bank reserves was initiated on Mar. 5, 2009.
The previous change in the size of that programme was an increase of GBP 50 billion to a total of GBP 375 billion on July 5, 2012.