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Evening Standard
Evening Standard
Business
Jonathan Prynn

Bank of England leaves rates on hold at 5.25%

MPC Bank of England

The Bank of England held its interest rate at 5.25% today giving a further respite to millions of hard pressed homeowners and businesses.

Members of the Bank’s Monetary Policy Committee (MPC), chaired by Governor Andrew Bailey, voted 6 to 3 to keep the cost of borrowing at its current level.

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