Bank of England holds base rate at 3.75%

The Bank of England has held the base rate at 3.75%. All nine members of the Monetary Policy Committee voted for a hold - the first time in several decisions that they have all agreed. The decision was widely expected after conflict in the Middle East erupted at the end of last month, sparking concerns that inflation could be pushed upwards and diminishing any previous hopes of a rate cut. Read more: https://news.sky.com/story/money-live-tips-personal-finance-consumer-sky-news-latest-13040934 #skynews #bankofengland #interestrates #ukeconomy 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 Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/ 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 To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales