Bank of England holds interest rates at 4.5% amid fears over stubborn inflation
Central bank pauses rate cuts as UK economy struggles and Trump tariffs hit world economyBusiness live latest updatesThe Bank of England has kept interest rates on hold at 4.5% amid rising global uncertainty and concerns over stubbornly high inflation.The central bank’s rate-setting monetary policy committee (MPC) voted to pause its cycle of rate cuts after three previous reductions in the past year. Continue reading...
Central bank pauses rate cuts as UK economy struggles and Trump tariffs hit world economy
The Bank of England has kept interest rates on hold at 4.5% amid rising global uncertainty and concerns over stubbornly high inflation.
The central bank’s rate-setting monetary policy committee (MPC) voted to pause its cycle of rate cuts after three previous reductions in the past year. Continue reading...
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