Forecasts of further rises in the inflation rate mean some analysts expect the Bank to act by the end of the year.
Interest rates hold expected but Bank of England facing tough choices
Forecasts of further rises in the inflation rate mean some analysts expect the Bank to act by the end of the year.
Originally reported by BBC Business
More like this
All Business
Shops looted as German cost of living protests turn violent
Police in Frankfurt say "violent riots" took place in the city centre, with unrest also reported in Berlin, Hamburg an…
The staggering $446m Elon Musk has spent on the US midterms – visualized
The tech mogul’s midterm donations backing Republicans have made him the largest single-cycle political donor in moder…
Soaring cost of Halloween treats spooks shoppers
The price of candy, especially chocolate, has soared, and Halloween bargain hunters are searching for deals and ways t…