The Bank of England held rates at 3.75% in a 7-2 MPC vote, citing falling oil prices as encouraging amid Middle East uncertainty and 2.8% UK inflation.

The Bank of England is expected to hold interest rates at 3.75% on June 18 as UK inflation at 2.8% remains above its 2% target amid geopolitical

The Bank of England is expected to hold rates at 3.75% for the fourth straight meeting as Middle East tensions fuel sticky inflation. Here's what it means

The base rate has remained at 3.75 per cent since just before Christmas last year