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Bank of England faces dilemma after holding interest rates

The Bank of England has held the base rate of interest rate at 3.75%, but now faces a dilemma, according to the British Chambers of Commerce (BCC).

01 May 2026
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Belfast office | Hawthorn Business Park, Falcon Road Belfast, Northern Ireland, BT12 6SJ
Banbridge office | 6/7 Church Street, Banbridge, County Down, Northern Ireland, BT32 4AA Jones Peters is a member firm of the “Nexia International” network.

Nexia International Limited does not deliver services in its own name or otherwise. Nexia International Limited and the member firms of the Nexia International network (including those members which trade under a name which includes the word NEXIA) are not part of a worldwide partnership. Nexia International does not accept any responsibility for the commission of any act, or omission to act by, or the liabilities of, any of its members. Each member firm within Nexia International is a separate legal entity.