Ratesetters likely to keep borrowing costs steady in face of posbbile inflation shock from Middle East
Key moments
Bank of England expected to hold interest rates at 4.25%
Business leaders gather for The Times CEO Summit
The FTSE 100 set to open 10 points higher, investors wary about possible US entry into Israel-Iran conflict
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Decision comes as concerns mount over economic fallout from conflict bringing fresh cost of living shock
Bank governor says latest MPC decision is reasonable given unpredictability of events unfolding in Middle East
Base rate stays unchanged as policymakers weigh concerns about inflation, Trump tariffs and Israel-Iran conflict
Decision to hold interest rates is backed by gloomy assessment of economy as Iran war pushes up oil prices
The Bank of England is widely expected to keep interest rates on hold later today amid global uncertainty and surging food and…
Latest official data on prices shows an easing in consumer price inflation from a more than year high of 3.5% in April
