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Bank of England maintains base rate at 5.25% amid inflation concerns.
The Bank of England has maintained its base rate at 5.25% for the sixth consecutive time, despite growing concerns about inflation.
This decision implies that the decline in mortgage rates will be delayed, but savers could benefit from strong inflation-beating returns for a longer period.
Some top easy-access accounts are paying interest rates above 5%, while others offer 5.25%.
However, the central bank is seeking more evidence to confirm that inflation is under control before considering any changes to the interest rate.
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El Banco de Inglaterra mantiene el tipo base en el 5,25% en medio de preocupaciones sobre la inflación.