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Politics

Anna Wise

UK interest rates kept on hold with Bank alert to ‘highly unpredictable’ world

United Kingdom Interest Rates Bank of England Monetary Policy

The Bank’s Monetary Policy Committee decided to keep rates unchanged at 4.25% (Aaron Chown/PA) - (PA Archive)

UK interest rates have been left on hold as the Bank of England said it was keeping watch on a “highly unpredictable” world amid rising energy prices.

The Bank’s Monetary Policy Committee (MPC) decided to keep rates unchanged at 4.25%.

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