UK Interest Rate Stays at
Photo: Fredrik Sandberg/TT

UK Interest Rate Stays at 4.25 Percent as Expected

The United Kingdom's central bank, the Bank of England, is leaving the interest rate unchanged at 4.25 percent. This was also in line with what the analysts had expected.

The central bank's members were in disagreement about the decision and three out of a total of nine members voted for an interest rate cut. This was more than expected, writes Bloomberg.

AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
Was this useful?

What do you think?

Keep readingmore from Business

All