Bank of England Delays Next Interest Rate Decision Following Queen’s Death

The Bank of England delayed its next interest-rate decision a week to Sept. 22 to allow a period of mourning after the death of Queen Elizabeth II.

The move gives the Monetary Policy Committee more time to consider key inflation and jobs data due to be published next week. It also brings the rate decision closer to the date when Chancellor of the Exchequer Kwasi Kwarteng aims to deliver his fiscal statement outlining the cost of measures to curb energy bills.