Bank set to decide on 'no change'

AOL Money Staff
Mark Carney
Mark Carney

The Bank of England is widely expected to maintain its status quo on monetary support for the UK economy when it holds its first interest rate meeting under new governor Mark Carney.

A slew of positive data this week showing an improving picture is likely to have dispelled any immediate pressure to increase its £375 billion quantitative easing (QE) programme.