Bank of England to hold interest rates as oil price surge threatens UK economy

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The Bank of England is expected to hold interest rates in a split vote on Thursday yet a surge in oil prices could complicate the crucial decision.

The Bank’s Monetary Policy Committee is widely expected to leave interest rates unchanged at 3.75 per cent.

Analysts believe that two members, Huw Pill and Megan Greene, could https://www.cityam.com/bank-of-england-to-hold-interest-rates-as-oil-price-surge-threatens-uk-economy/">[...]