Business Live with Ian King: Bank of England expected to hold interest rate

Join Ian King as he tackles the biggest business and economic stories, with reports and interviews live from our studios in the heart of London.

All eyes will be on the Bank of England at midday when its Monetary Policy Committee announces its latest interest rate decision.

They’re choosing whether to increase Bank rate (the central or base interest rate) and make borrowing more expensive; to keep them at the current 5.25%; or reduce them to make debt, such as credit card or mortgage bills, cheaper.

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