Bank set to leave rates on hold
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Interest rates are expected to be left on hold for a sixth consecutive month when the Bank of England announces the decision of its monthly meeting later.
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The Bank of England is widely tipped to keep interest rates on hold at 5.25% on Thursday.
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It was the second month in a row that the bank&#39;s Monetary Policy Committee has frozen the rate. The decision was widely expected following data that showed Britain&#39;s manufacturing sector slowing down and a cooling of the housing market.
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Business & money: With a decision on interest rates due tomorrow, all the indications are that they will remain unchanged.
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Economists are unanimous that the Reserve Bank will leave interest rates on hold this week, but will be looking eagerly for clues on what comes next.
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Analysts expect the European Central Bank to keep interest rates on hold as jitters continue to affect world markets.
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The Bank of England's interest rate setters voted unanimously to keep rates on hold at 4.75% in January, minutes of the meeting show.
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UK interest rates have been kept on hold at 5% following the latest meeting of the Bank of England.
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The US Federal Reserve opts to keep interest rates on hold for the fourth successive month amid signs of a slowing economy.
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The Bank of England's decision to keep rates on hold was made by a vote of just five to four, minutes show.
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The Bank of England has left its key lending rate at 4.75 percent for the fourth month in a row, but analysts are split over whether borrowing costs will go up again next year.
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The Bank of England voted unanimously to keep interest rates on hold at its last meeting on 7 October, the released minutes have revealed.
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The Bank of England is set to keep interest rates on hold following the latest meeting of the its Monetary Policy Committee.
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The Bank of England is expected to hold rates at 5.5% after its latest meeting, but a rise remains a possibility.
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The Bank of England votes to leave rates unchanged at 5.25% after its two-day meeting.
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The Bank of England has held its key interest rate at 4.75 percent, opting against a further rise after last month's surprise quarter-point increase.
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The Bank of England is expected to keep interest rates at 4.5% on Thursday - but another rise is expected before too long.