Bank of England set to bury Sunak’s pre-election rate cut hopes

Any lingering hopes Prime Minister Rishi Sunak might still have for a pre-election interest rate cut will probably be dashed next week, when the Bank of England looks set to signal that lower borrowing costs await Britain’s next government instead.

https://www.reuters.com/world/uk/bank-england-set-bury-sunaks-pre-election-rate-cut-hopes-2024-06-14/