UK central bank has voted to maintain interest rates at 0.25% Earlier: * Dollar surges on back of Fed rate hike * UK bond yields hit highest since Brexit vote * Greek MPs vote on controversial giveaways 12.03pm GMT THE BOE HAS ALSO VOTED TO LEAVE ITS QUANTITATIVE EASING PROGRAMME, CREATED TO STIMULATE THE UK ECONOMY, UNCHANGED AT TODAY’S MEETING. That means it will still buy and hold £435bn of UK sovereign debt, and £10bn of corporate debt too. MPC holds #BankRate at 0.25%, maintains government bond purchases at £435bn and corporate bond purchases at £10bn. pic.twitter.com/mUcf8uYdRW 12.00pm GMT BREAKING: THE BANK OF ENGLAND HAS VOTED TO LEAVE UK INTEREST RATES UNCHANGED AT THEIR CURRENT RECORD LOW OF 0.25%. _More to follow_ Continue reading...
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