Bank of England had little alternative to interest rate rise, but has increased pressure on Treasury over cost of living — EUbusiness.com
Expert comment from Warwick Business School
Source: eubusiness.com
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BoE rate decision reaction: 'A reprieve at the eleventh hour'
The Bank of England (BoE) holding the base rate at 0.10% today has elicited a frenzy of commentary from market watchers – indeed, it came as something as a surprise. The majority of commentators so far agree the decision is a good thing for the mortgage industry. “Despite growing pressures to tackle rising inflation,
Source: mortgagestrategy.co.uk