let s get more now on the decision earlier today by the bank of england to keep interest rates at their historic low level of 0.1%. many analysts had expected a rate rise to curb inflation. the governor of the bank of england, andrew bailey gave details of the bank s forecast for inflation: 12 month inflation was 3.1% in september which was broadly as expected in the august report. inflation is expected device to just under 4% in october, predominantly due to the impact on utility bills and past in wholesale gas prices. inflation is then expected to rise to 4.5% in november and remain out around that level through the winter. accounted for by further increases in coal goods and food price inflation. developments in energy prices, especially the wholesale price of gas in the uk and expected to account for significant proportion of the projected pick up in inflation in the nation and its subsequent decline. in the run up to