The Bank of England (BoE) left interest rates at a record low of 0.5 percent and its asset purchase target unchanged at £375 billion ($617 billion) as expected on Thursday.
Yields on benchmark 10-year U.K gilts were relatively unchanged, holding steady at 2.976 percent after starting the session at 2.991 percent. Sterling showed a small spike against the dollar after the news, ticking higher to $1.6466 before falling back down to $1.6455.
(View our live blog: ECB and Bank of England rate decisions)
All 51 economists polled by Reuters this week did not expect any change of monetary policy by the central bank with markets fully anticipating the decision.
However, a growing number of voices expect the Bank of England will be pushed into changing the nuances of its "forward guidance", as the U.K. economy continues to show signs of recovery.