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Evening Standard
Evening Standard
Business
Jonathan Prynn

Bank of England leaves interest rates on hold at 5.25%

Bank of England Interest Rates MPC Inflation City

The Bank of England disappointed struggling homeowners and business chiefs today by leaving interest rates on hold at 5.25%.

It was the fourth consecutive meeting of the Bank’s Monetary Policy Committee (MPC) - chaired by Governor Andrew Bailey - when rate setters have opted for no change to the benchmark cost of borrowing.

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