The Bank of England today left its key interest rate unchanged at 4 per cent for the 13th month running.
The Bank of England's Monetary Policy Committee voted 7-2 to keep interest rates steady, according to minutes of its meeting.
The decision, which financial markets had expected, came against the backdrop of Britain's growing economic imbalances, with the manufacturing sector suffering from the global economic slowdown while house prices and personal debt are rising alarmingly.