Bank holds interest rates and warns over no-deal Brexit

Monetary policy committee sticks with 0.75% and hints of rise if recovery continues

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The Bank of England has warned of the mounting risks to the British economy from a no-deal Brexit, with firms already putting investments on hold.

As the Bank's nine-strong monetary policy committee (MPC) voted unanimously to keep rates on hold at 0.75%, it warned there had been increasing signs of stress linked to Brexit since its last meeting a month ago.