BoE likely to pause after recent rate rise

The Bank of England is expected to leave interest rates unchanged on Thursday after raising them last month. The Bank's Monetary Policy Committee began its two day meeting on Wednesday.

Source: AFP

The Bank of England, which raised its main interest rate last month for the first time in almost four years, is widely expected to opt for a wait-and-see policy at its latest meeting this week.

Analysts consider it a given that the central bank's Monetary Policy Committee, which begins its monthly two