RE: BoE Base Rate4 Nov 2021 14:16
Typical melodramatic overreaction from the market, which is all too common these days. The holding of interest rates will put a bit more disposable income in people's pockets, so the retail banks will probably gain from general spending activity. In any case, the BoE has indicated interest rates are going up, just not in the short-term. I think it is a sensible decision, given the economic headwinds at present.