Interest rates will remain unchanged at 0.35%

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The bank of England today confirmed interest rates will remain unchanged at 0.35%.

They also increased it's growth outlook for the UK economy to 2.2% in 2016 and 1.4% in 2017. This is further positive news for the UK and signs that the economy is striving ahead despite reported uncertainty following the UK's decision to leave the European Union.

For small businesses, the overall sentiment both in the short and medium terms is that it's very much business as usual with continued growth, jobs and expansion all likely in the short to medium term.