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The Independent UK
The Independent UK
Business
Alex Daniel

Bank of England expected to hold interest rates after jump in inflation

Inflation Interest Rates Andrew Bailey Bank of England
Mortgage holders are unlikely to get an early Christmas present from the Bank of England (Dominic Lipinski/PA) - (PA Wire)

The Bank of England is expected to hold interest rates at the same level at its next policy decision on Thursday.

Policymakers will announce the result of their next meeting on December 19, where most analysts think they will vote to maintain the UK’s base interest rate at 4.75%.

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