The next meeting of the Bank of England’s monetary policy committee has been delayed by a week.
A tweet from the BoE on Friday made the announcement, saying: “In light of the period of national mourning now being observed in the United Kingdom, the September 2022 meeting of the Monetary Policy Committee has been postponed for a period of one week. The Committee’s decision will be announced at 12 noon on 22 September.”
The committee last met on August 4 when it voted to raise the base rate from 1.25 to 1.75 per cent - the sixth consecutive rise in a row as the Bank grappled to curb the rising inflation rate.
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