BoE surprised analysts and refers cutting rates in August

The Governor of the Bank of England Marl Carney decided to displace the analysts who were already positioned on a rate cut and a return, even, of a Quantitative Easing in the UK market: the final and official decision is to keep rates unchanged to a record low of 0.5% with a large majority even within the board that ultimately voted almost compact (8 to 1 the outcome) to maintain, at least until August, the status quo.

The result of the referendum is still too recent and especially unexpected, thus subject to strong emotion, to be able to afford to make decisions for which it would be better to wait. For this reason, after an initial delay, the leaders of the Tory party have mandated Theresa May, the new British Prime Minister, to the process that will decide the historian divorce.

But anyone who believes that the British economy can do it alone is wrong: the support measures will come in August, what the BoE wanted to communicate is that, first, you need to take measurements of what is happening. The appointment, therefore, is only postponed to August 4, the day of the next meeting.
Meanwhile, the Committee on Financial Stability BoE had already reduced, as a first step, the countercyclical capital buffer (CCB) on exposure of the British lenders to 0% from the previous 0.5%, obligation in force for a year in order to cushion the banks' capital requirements and allow to increase lending.