By Jonathan Davies

The Bank of England has kept interest rates at the record low of 0.5% for another month.

The Bank's Monetary Policy Committee (MPC), which sets interest rates, also decided not to make any changes to its quantitative easing (QE) programme.

Interest rates have been at the record low of 0.5% for more than five years. But pressure to raise rates has been heaped on the Bank of England in recent months.

But growing economic concerns, largely as a result of the lack of growth in the eurozone, seem to have pushed back any increase in rates.

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