UK's Hunt wants 'sustainably low interest rates'

British finance minister Jeremy Hunt said he wanted "sustainably low interest rates" when asked about the Bank of England's decision on Thursday to hold rates at 5.25%.

"What we want is sustainably low interest rates," Hunt told reporters.

"I would much rather that they waited until they're absolutely sure inflation is on a downward trajectory than rushed into a decision that they had to reverse at a later stage."