The Bank of England (BoE) left interest rates unchanged at 0.75% on 20 September amid the prospect of another UK delay. The Brexit's central bank warned that UK uncertainty was damaging business investment and the economy. However, the BoE forecast the Brexit would avoid a recession, with gross domestic product expected to rise in the July to September period.
The Bank of England (BoE) left interest rates unchanged at 0.75% on 20 September amid the prospect of another Brexit delay. The UK's central bank warned that Brexit uncertainty was damaging business investment and the economy. However, the BoE forecast the UK would avoid a recession, with gross domestic product expected to rise in the July to September period.