
Bank holds rates at 5.25% but warns it's 'much too early to consider cuts'
The Bank of England has kept the cost of borrowing at 5.25% and suggested that rates are currently more likely to move up rather than down.
The Bank of England has kept the cost of borrowing at 5.25% and suggested that rates are currently more likely to move up rather than down.
A collector has paid double the estimate for a rare £5 note, issued in Leeds in 1900.
The Bank of England started upping rates from 0.1% in December 2021 and has not missed a single opportunity to do so since then - until now.