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Evening Standard
Evening Standard
Business
Jonathan Prynn

Bank of England leaves interest rates on hold at 5.25%

Interest Rates MPC Monetary Policy Committee Inflation Monetary Policy Bank of England

Homeowners were left disappointed today when the Bank of England left interest rates unchanged at 5.25%.

The Bank’s rate setting Monetary Policy Committee (MPC), chaired by Governor Andrew Bailey, voted by 7 to 2 to leave the cost of borrowing on hold at a 16 year high once again.

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