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Watch Business Live with Ian King: Bank of England hold interest rate at 5.25%
Posted
September 21, 2023
Views
9,166
Likes
43
Engagement
0.47%
September 21, 2023
9,166
43
0.47%
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25:44Now PlayingWatch Business Live with Ian King to hear the top business stories from Sky News live in The City as the Bank of England has left its interest rate unchanged at 5.25%, a day after inflation unexpectedly fell by more than expected 📈
Governor Andrew Bailey said he is determined to bring inflation back down to the target level of 2% - but with current rates at 6.7%, he added that "the job isn't done yet".
Plus, Rupert Murdoch is stepping down as chair of Fox and News Corp as son Lachlan is to become the sole chair of the company and continue as executive chair and CEO of Fox Corporation.
Also, the show explores why a breakthrough could be imminent in the long-running film and TV scriptwriters strike in the United States.
Read more business stories here 👉
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