BBR remains unchanged at 4.5%

The decision follows signs that the UK economy is showing resilience while inflation remains muted. Crispin Finn, UK equities portfolio manager at Credit Suisse, said: “The widely anticipated announcement followed the release of recent economic data that highlighted the growing strength of the UK economy. "An industry report showed that retail sales in the UK had risen for the second consecutive month in May. Also in May, the Chartered Institute of Purchasing and Supply Index recorded a higher than expected expansion in the UK services sector, although the Index fell from April’s 27 month h...