BoE leaves interest rates on hold at 4.25%

The Bank of England in the City of London (Yui Mok/PA) - (PA Wire)

The Bank of England has left interest rates on hold at 4.25%.

The Bank’s Monetary Policy Committee (MPC) chaired by Bank Governor Andrew Bailey voted by 6 to 3 to leave the cost of borrowing unchanged in a blow to heavily indebted businesses and millions of mortgage borrowers.