The Monetary Policy Committee of the Bank of England has voted to hold interest rates at 3.75% for the fourth time. As expected…
Seven votes for hold and two votes for a hike. “Bank staff estimated that underlying quarterly GDP growth had been around 0.2% in Q1, and would remain at around that rate in Q2.” Read the full remarks here…
Speaking at his speech on how to achieve “progressive capitalism” Wes Streeting fired a dig and Andy Burnham:
“Bond markets are not bond villains and fiscal rules matter.”