The Bank of England left interest rates unchanged at 5.25%, its highest level in 15 years.

The bank’s monetary policy committee (MPC) made the announcement today (2 November).

Its nine strong committee member voted six-three in favour of no action.

For the second meeting running, the MPC has decided to leave interest rates unchanged.

In September, the committee voted by a majority of five–four to maintain base rate at 5.25%.