Bank holds UK interest rates steady but says June cut not ‘ruled out’
The Bank of England has said it is not ruling out cutting UK interest rates next month, after deciding to hold borrowing costs at the same level for another month running.
The Bank’s Monetary Policy Committee (MPC) said it was not yet at the point where it can start cutting rates, opting instead to hold them steady at 5.25%.
But Governor said he was “optimistic that things are moving in the
