Bank of England holds rates at 3.75% amid rising inflation
Community Score: 50% | 2.3K views | 4w
0 community ratings: null thumbs up, null thumbs down
The Bank of England has voted to leave interest rates unchanged. [Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe] The Bank's Monetary Policy committee decided to leave rates at 3.75%, at a time when rates are going up around the world as the US-Iran war pushes up energy prices. The decision was split six votes to three, and the Bank's governor Andrew Bailey warned policy might have to tighten if the Middle East conflict went on for much longer. ------- Get more news at our site - https://www.channel4.com/news/ Subscribe to our Substack newsletter: https://channel4news.substack.com/subscribe Follow us: TikTok - https://www.tiktok.com/@c4news Instagram - https://www.instagram.com/channel4news/ Twitter - https://twitter.com/Channel4News Facebook - https://www.facebook.com/Channel4News/
Tags: Channel 4 News, latest news, world news, international news, UK News
More from Channel 4 News
- Andrew Mountbatten-Windsor’s arrest explained — Score: 50%
- All but one of charged Palestine Action activists released on bail — Score: 50%
- UK government considers removing Andrew from line of succession — Score: 50%
- US Supreme Court rules against Trump’s ‘Liberation Day’ tariffs — Score: 50%
- Epstein Files: Andrew arrested and missing data - this is still the beginning — Score: 50%
- Thai Police dress as lion dancers to catch alleged thief — Score: 50%