The rate is expected to stay at 5%, after the last decision in August saw interest rates cut for the first time since the pandemic.

The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a sustainable way.

The U.K. pound is up 0.7% to $1.3307, its highest level against the U.S. dollar since March 2022, as traders react to news that the Bank of England left its main bank rate unchanged at 5%.

Join our writers for over-by-over updates as Nottingham hosts the first of the five-match series. WICKET! Australia 169-3 (Green b Bethell 32) 18:15 Jacob Bethwell takes his first wicket in international cricket!

Jofra Archer will play his first ODI for 18 months as England are still carefully managing his return after an injury-plagued last few years, and are easing him towards a Test return with half an eye on next winter’s trip to Australia.

England vs Australia Live Score: FOUR! Powered away! Good length and around middle, Will Jacks has all the license to go after it and he smacks it past the bowler for a boundary. England vs Australia Live Score: FOUR!