Disappointing the banks delaying the decision, they would have known for a few weeks a minimum 25p was coming, and would have run the simulations and numbers already
Maybe they are waiting out for clearer signs from europe who knows, but these rate cuts are for the people, not for them, and imo they are financially stable enough to carry through another GFC so no need to be greedy now imo
Plus they now only source half their funds from traditional international fundingsources, unlike GFC 1, so their exposure is lessened
