BUSINESS Bank of England keeps interest rate at record-low 0.1%

BUSINESS

Bank of England keeps interest rate at record-low 0.1%

AFP

19:20, May 06, 2021

A general view of the Elizabeth Tower which contains the world famous bell known as Big Ben, in London, Wednesday, Feb. 3, 2021. (Photo: AP)

The Bank of England on Thursday said it had decided to keep its main interest rate at a record-low 0.1 percent as the UK economy emerges from its coronavirus lockdown.

"The outlook for the economy... continues to depend on the evolution of the pandemic, measures taken to protect public health, and how households, businesses and financial markets respond to these developments," the BoE said in a statement.

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