Members of the Bank's nine-strong Monetary Policy Committee (MPC) voted unanimously to keep rates unchanged, having backed a quarter-point rise last month - only the second since the financial crisis.
"Since the Committee's previous meeting, there have been indications, most prominently in financial markets, of greater uncertainty about future developments in the withdrawal process", rate-setters said according to minutes of the meeting.
The governor of the Bank of England, Mark Carney, has agreed to continue in his post until the end of January 2020, the chancellor, Philip Hammond, has said.
One Thing is certain, though, Australia interest rates are still low, making income hard to come by and keeping the focus for many investors on high yielding stocks.
With ECB President Mario Draghi stating that the ECB won't be raising interest rates until "at least summer 2019" the bank's policy statement today is likely to focus on the ECB's plans to wind down its quantitative easing programme.
Four dead in southern China, residents warned to remain alert after typhoon
Southern China is now being battered by the storm which has claimed at least 64 lives in the Philippines. Three more deaths were reported in northeastern Cagayan province, where the typhoon made landfall .
Mesut Ozil reveals what he thought about Newcastle against Arsenal
Bergkamp starred in north London for nine years between 1995 and 2006, scoring 120 goals and winning three Premier League titles. After a goalless first half Granit Xhaka scored directly from a corner to put the Gunners 1-0 ahead four minutes after the break.
MA residents cleared to return to areas hit by gas explosions
Speaking at a news conference in Lawrence, Governor Charlie Baker thanked residents for showing patience over the past three days. The local utility in that area shut down all power in the three towns for the gas lines to be depressurized.
The MPC also noted rising levels of volatility in sterling, adding that there had been an "increase in perceived downside risks to the exchange rate" among City traders caused by the mounting likelihood of no deal.
In one note of optimism, Carney said that if May struck a Brexit deal on the basis of her Chequers proposals then the economy would outperform current forecasts because it would be better than the bank's assumed outcome, the FTb said.
United Kingdom house prices fell 19 per cent peak to trough during the 2008 financial crisis but then rose by 38 per cent from their low in March 2009 to June 2016, the month of the shock Brexit referendum result.
British media had reported late on Thursday that Carney had told senior ministers earlier in the day that a chaotic Brexit could lead to house price falls of up to 35 percent over three years as well as spiralling interest rates.
The MPC said there had been indications of "greater uncertainty" in the process of withdrawing from the European Union since its last meeting.