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Business 07 May 2018 | 12:00 AM

Bank of England to keep rates steady after market U-turn

LONDON: The Bank of England (BoE) looks set to keep interest rates on ice this week, capping a sharp swing in the outlook for the British central bank, which might now struggle to convince investors that it will raise borrowing costs at all this year.

Economy 06 May 2018 | 11:18 AM

Bank of England to keep rates steady after market U-turn

LONDON: The Bank of England looks set to keep interest rates on ice this week, capping a sharp swing in the outlook for the British central bank, which might now struggle to convince investors that it will raise borrowing costs at all this year.