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QE and interest rates unchanged

The Bank of England voted to keep quantitative easing unchanged and held interest rates at 0.5%.

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Bank of England to vote on quantitative easing

The Bank of England is due to vote whether to inject more cash into the economy in the form of quantitative easing.

The bank's monetary policy committee (MPC) will announce their decision by noon. This month's vote is expected to be very close will vote as the number of members calling for the measure appears to have increased.

Three on the MPC, including the governor Sir Mervyn King, voted to raise quantitative easing at the last meeting in February.

In depth: Business Editor Laura Kuenssberg: Did Sir Mervyn King just say something rather radical?

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