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Bank of England holds interest rates amid low growth and trade tensions

City A.M. Thursday, 20 March 2025 ()
Bank of England holds interest rates  amid low growth and trade tensionsThe Bank of England has held interest rates at 4.5 per cent as worries over a global trade war flare up.  Rate-setter Swati Dhingra, an external member on the Monetary Policy Committee (MPC), was the lone wolf who voted for a 25 basis point cut.  The decision saw Catherine Mann split from Dhingra after the [...]
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Video Credit: ODN - Published
News video: Bank of England: NI rise could see companies shed workers

Bank of England: NI rise could see companies shed workers 00:52

The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an increasing number of companies plan to let workers go when national insurance contributions rise next...

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