LONDON (CU)_Earlier this month, the Governor of the Bank of England signalled that a hike in its base rate may be imminent, following allegations that the apex bank had “bottled it” by continuously delaying a widely expected increase. Speaking to a news and current-affairs radio programme on BBC Radio 4 last week, Governor Andrew Bailey noted that while the central bank’s monetary policy committee (MPC) will not make any decision before gathering more data, particularly on the labour market, Threadneedle Street is already on a path of rising interest rates.
Despite looming interest rate hikes, Halifax decided to…
