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. Read more