MercoPress. South Atlantic News Agency

Bank of England keeps rate at 3.75%; inflation 2.8% but energy prices remain volatile

The Bank of England’s Monetary Policy Committee (MPC) voted by a majority of 7–2 to maintain Bank Rate at 3.75%. Two members voted to increase Bank Rate by 0.25 percentage points, to 4% during the MPC meeting on June 18. Read full article