Bank of England set to keep interest rates on hold as global uncertainty grows

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Bank of England set to keep interest rates on hold as global uncertainty grows The Bank of England's Monetary Policy Committee is widely expected to keep interest rates on hold The Bank of England. File picture (Image: © 2025 PA Media, All Rights Reserved ) UK interest rates are set to stay at 4.5%, with another cut to borrowing costs unlikely while the Bank of England assesses mounting global uncertainty, experts have said. The Bank of England's Monetary Policy Committee (MPC) is widely expected to keep interest rates on hold on Thursday. ‌ Article continues below The MPC has been...