By Jonathan Davies

The Bank of England has kept interest rates at 0.5% and its quantitative easing programme at £375 billion for another month.

The move, or lack of, by the Monetary Policy Committee (MPC) was widely expected. Interest rates have been at the record low of 0.5% since March 2009.

The decision is usually announced every month on a Thursday, but this month's decision was delayed to avoid a clash with the general election.

The minutes from the latest decision meeting will be published in two weeks. They are expected to show that the nine members of the MPC voted unanimously of keeping rates at 0.5%.