Industry reacts to BoE holding fire on further rate cut

Industry reacts to BoE holding fire on further rate cut

The Bank of England’s decision to hold the base rate at 4.25% has come as little surprise.  After May’s cut from 4.5%, the prospect of back-to-back reductions was always faint in the face of stubborn inflation, higher labour costs and geopolitical turmoil. However the ‘hold’…

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