Will Bank of England governor Andrew Bailey play Santa or Scrooge?

There is a buzz outside the Bank of England.City workers are taking advantage of the unusually mild weather to enjoy lunch outside, and there has been a shift in temperature too inside the Bank.The decision to hold rates at 4% was made by the narrowest of margins, and the interest rate panel thinks inflation has peaked.Governor Andrew Bailey said he wanted to see if forthcoming developments confirmed this view…