Governor Mark Carney
The Bank Rate was maintained at the record low if 0.5% today meaning it is now five years since it changed.
The Bank of England has decided to keep the rate at the same level, it announced this morning.
The Bank of England's Monetary Policy Committee voted to maintain the level.
The Bank of England reduced its Bank Rate by 0.5 percentage points to 0.5% on 5 March 2009 and it has remained unchanged from that point.
Governor Mark Carney has said in the past that the base rate will not be reviewed or increased until unemployment fell to 7%.
Recently, the figure fell to 7.1%
