BBC News - UK interest rates still at record low

UK interest rates have been held at 0.5% again by the Bank of England's Monetary Policy Committee.

The UK's bond-buying programme is also frozen at £375bn.

MPC members voted 8-1 to keep rates on hold, with only Ian McCafferty voting to raise rates.

The decision marks the 78th consecutive month of record-low interest rates. In its report, it said the outlook for inflation was "muted".