Monetary Policy
Reporting on interest rates, inflation control measures, and central bank decisions that impact borrowing, investment, and consumer spending across the UK hospitality and F&B sector. This section explores how monetary trends influence costs, pricing strategy, and demand in restaurants, pubs, cafes, and catering operations, offering valuable context for operators, finance leads, and decision-makers navigating economic uncertainty and planning for long-term resilience.
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Nov- 2018 -1 NovemberBusiness
Bank of England puts hold on interest rates due to Brexit uncertainty
The Bank of England has placed interest rates on hold following growing uncertainty around Brexit. A vote to leave rates unchanged held by the bank’s Monetary Policy Committee (MPC) was in favour of leaving rates at 0.75% by 9-0. Financial markets are currently indicating that rates will not rise until…
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