The Bank of England’s interest rate-setters all voted to keep borrowing costs on hold and said they were “ready to act” to see off risks from war in the Middle East, prompting investors to ramp up their bets on higher borrowing costs later this year.
The BoE’s Monetary Policy Committee voted 9-0 to keep Bank Rate at 3.75 per cent, the central bank said on Thursday. Economists polled by Reuters
