Bank of England keeps interest rate at record-low 0.5%

The Bank of England on Thursday voted to leave its main lending rate at a record-low level of 0.50 percent and refrained from pumping out more new cash to help stimulate Britain's recession-threatened economy.

"The Bank of England's Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5 percent," the BoE said in a brief statement at the conclusion of its regular monthly meeting.