Industry commentators have warned the Bank of England's (BoE) decision to increase interest rates for the first time in a decade may not have been the right move, as they point to ongoing Brexit uncertainties, a "stuttering" economy and sluggish wage growth, with many calling it a "one and done" hike.
Last week, a total of seven members of the Monetary Policy Committee (MPC) voted to increase rates from 0.25% to 0.5%, against two who voted to hold. The move was widely expected by markets but while...
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Up from 14% in 2017