Bank of England holds interest rates at 5%

The Bank of England has held the interest rate at 5%. The split among members of the Monetary Policy Committee (MPC) was 8-1. Eight board members chose to hold interest rates at 5%, while one member of the Bank of England board decided to lower it to 4.75%. #interestrates #ukeconomy #inflation Read more: https://news.sky.com/story/uk-interest-rates-an-outlier-after-decision-to-hold-13217578 SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: https://www.youtube.com/channel/UCzG5BnqHO8oNlrPDW9CYJog To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales