FT/Mehreen Khan/05-11-17
The Bank of England has opted to keep its record low interest rates on hold in May as expected.
The bank’s monetary policy committee voted in favour of holding steady on the 0.25 per base rate by a split of seven to one. Rates were cut in the aftermath of the UK’s EU referendum last summer.
PG View: Sterling is under pressure, which is helping to buoy the dollar today.
