Breaking: Bank of England leaves policy settings unchanged as expected

The Bank of England's (BoE) Monetary Policy Committee (MPC) decided to leave the benchmark interest rate unchanged at 0.10% and kept the Asset Purchase Facility steady at £895 billion at the end of September policy meeting, as was widely expected.

Follow our live coverage of the BoE policy announcements and the market reaction.

Market reaction

The GBP/USD pair maintained its strong bid tone near the 1.3680-85 region, or session tops and had a rather muted reaction to the BoE announcement.