Bank of England drops planned rate cut after Brexit hit to sterling, sees stronger 2017

LONDON (Reuters) - The Bank of England scrapped plans to cut interest rates and said they could move in either direction as it ramped up its forecasts for growth and inflation in 2017 following sterling's slide after the Brexit vote.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-boe-idUKKBN12Y1FF?feedType=RSS&feedName=topNews