Update: June 2018 – Hotels
Britain’s economy has bounced back from a weak start
to the year with companies in the dominant services
sector reporting increased activity in May. Businesses
are catching up with work lost or delayed in the snowy
weather of late February and March.
Rates were left unchanged at 0.5% following the last
meeting of the Monetary Policy Committee. However,
with the Fed raising rates again, and with the ECB
signalling its intention to begin tightening policy, an
August rate hike wouldn’t surprise.