Bank of England holds interest rates
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THE Bank of England kept interest rates on hold for a second meeting running, disappointing homeowners hoping for mortgage relief. During today’s Monetary Policy Committee (MPC) meeting, the
The Bank of England, which kept interest rates on hold on Thursday in a tight vote, for the first time set out the views of the individual members of its Monetary Policy Committee.
The Bank of England has warned that fears over Rachel Reeves’s looming tax raid will weigh on growth well into 2026.
The Bank of England’s Monetary Policy Committee meets tomorrow (6 November) and while few analysts expect a cut, plateauing inflation and a weak economy could strengthen the case for an interest rate
In a fairly sudden change of approach, several major banks are now predicting that the Bank of England will cut interest rates this week down to 3.75 per cent.
The pound edged higher against the dollar on Thursday morning after touching a seven-month low overnight, as investors awaited the Bank of England’s latest interest rate decision. Sterling was up 0.1% against the greenback,