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Evening Standard
Evening Standard
World
August Graham

Bank of England postpones next week’s interest rate decision after Queen’s death

Bank of England MPC Andrew Bailey BNP Paribas Inflation Interest Rates Monetary Policy Committee
Decision makers, including Governor Andrew Bailey, had been expected to raise interest rates from 1.75% to 2.25%. (Yui Mok/PA) (Picture: PA Wire)

A widely expected rise in interest rates has been put on hold due to the death of the Queen, the Bank of England has said.

The Bank said that decision makers on its Monetary Policy Committee would not meet as scheduled next week.

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