By Marcus Leach
The Bank of England's minutes have renewed hope of a second bout of quantitive easing to help boost the country's flagging economy.
Having opted to maintain the interest rate at 0.5% for another month, there was increased pressure for more quantitive easing as the country's economy continues to struggle.
The meeting minutes revealed that 'most members' agreed there was a case for 'immediate' action, with some analysts believing that quantitative easing could re-start in November.
The minutes showed that the nine MPC members voted unanimously to keep interest rates unchanged at 0.5%.
"For some members, a continuation of the condition seen over the past month would probably be sufficient to justify an expansion of the asset purchase program at a subsequent meeting," the minutes said.