Bank of England governor denies being ‘unreliable boyfriend’ after leaving interest rates unchanged – business live
by Graeme Wearden from Economics | The Guardian on (#5RG7W)
Rolling coverage of the latest economic and financial news
- Latest: Bailey insists he didn't commit to rate rise today
- Vote was very close call' he insists
- Analysts criticise communications - Bank's credibility could be tarnished
- UK interest rates left at record low of 0.1%
- MPC votes 7-2 to leave borrowing costs unchanged
- Bank sees inflation at 5% next April
UK car sales hit a 30-year low last month, as the global supply chain crisis continues to hit the auto sector.
Registrations of new vehicles fell by almost a quarter last month, compared to the previous October, as carmakers struggle to obtain the semiconductors needed to build cars.
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