The Bank of England has held its base rate at 0.25%, it announced at midday.

The Bank of England has held its base rate at 0.25%, it announced at midday.

The Bank of England has held its base rate at 0.25% for a second month after cutting the rate in August from 0.5%, the first cut in seven years. 

The Bank Rate has been changed this morning for the first time in more than seven years – with a cut to 0.25%.