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Evening Standard
Evening Standard
Business
Anna Wise

UK interest rates held at 4.75% amid ‘heightened economic uncertainty’

The Bank of England has held interest rates at 4.75% (Aaron Chown/PA) - (PA Archive)

The Bank of England has held interest rates at 4.75% as it cautioned over “heightened uncertainty in the economy” following the UK Budget and US presidential election.

The Monetary Policy Committee (MPC) said it was keeping rates unchanged on Thursday after cutting the level in August and again in November.

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