The Bank of England says it does not expect the economy to grow in the second quarter of the year.Read more
Monetary Policy Committee (MPC)
Bank of England chief Mark Carney said there could be more interest rate increases than currently thought.
The Bank of England kept its key interest rate unchanged at 0.75% in a unanimous vote of the nine members of the Monetary Policy Committee.
Bank of England governor Mark Carney says business is close to the point of "maximum uncertainty".