central bank said its rate-setting monetary policy committee (MPC) would hold its next meeting due on Thursday a week later than scheduled, as the UK observes a period of national mourning.
Bank of England delays interest rate decision as firms and unions pay respect, with TUC postponing annual gatheringBritain mourns death of Queen Elizabeth – latest updatesBusinesses, financial institutions and unions have cancelled or postponed events as a mark of respect to the Queen, with the Bank of England delaying a decision over raising interest rates to tackle soaring inflation.The
Source: the guardian
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