By Jonathan Davies

All nine members of the Bank of England's Monetary Policy Committee (MPC) voted in favour of keeping interest rates at 0.5%.

Minutes from the MPC's latest meeting showed that members of the committee are wary that the strength of the pound could cause low inflation to persist.

Two members, described their decision to vote in favour of keeping rates at 0.5%, which have been in place for six years, as "finely balanced".