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Evening Standard
Evening Standard
Business
Anna Wise

Why have interest rates stayed the same and what could happen next?

The base rate helps dictate how expensive it is to take out a mortgage or a loan (Alamy/PA) -

The Bank of England has kept interest rates unchanged at 3.75% in its latest decision on monetary policy.

It marks the sixth time in a row the central bank’s rate-setting committee has opted to keep the rate on hold, having not changed since December.

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