The Bank of England on Thursday left its key interest rate at a record low 0.25%, meeting widely held expectations.

The central bank also left unchanged the size of its asset purchase programme at £435 billion ($543 billion) and its corporate-bond purchase programme at £10 billion. All nine members of the rate-setting board voted to stand pat on policy.

Bank of England holds key rate at 0.25% at last meeting of 2016

Central bank also left unchanged the size of its asset purchase programme and its corporate-bond purchase programme

Carla Mozee

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Pimco’s European business suffers almost 40% profit drop as performance fees slump

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